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Duplex with Foundation Warranty
New
For Sale
$390,000

1487 Brook Meadow Circle, Lancaster, TX 75134

ResidentialIncome, Lancaster, TX

Property SizeContact for details
Lot Size0.10 Acres
Days on Market4

Property Features for 1487 Brook Meadow Circle

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1
Parking 4
Parking features Carport, Garage
Interior features OpenFloorplan
Appliances Dishwasher, ElectricOven
Subdivision Brook Meadows 01
Elementary school Rosa Parks-Millbrook
Middle school Lancaster
High school Lancaster
Elementary school district Lancaster ISD
Middle school district Lancaster ISD
High school district Lancaster ISD
Directions From I-35 go east on Pleasant Run. Turn left on Bluegrove. Turn left on Brook Meadow.
Standard status Active
APN 36010050020020100
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description BROOK MEADOWS 1ST INST BLK 2 LOT 2.1
Tax Annual Amount 3537
Legal Description BROOK MEADOWS 1ST INST BLK 2 LOT 2.1

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1982
Floors in Building 1
Number of units 2
Flooring type Vinyl, Carpet
Building materials Brick
Roof type Composition
Listing Agency: Premier Properties
Listed By: John Moore · License #0504561
Added: Oct 5 Last Checked: Oct 8 at 12:06AM
MLS# 21403822

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick duplex was built in 1982 and occupies a 0.104-acre parcel. Foundation repairs were completed on the entire building, with a lifetime warranty attached to the work. One side is leased to a long-term tenant.

Key Highlights

  • Foundation repairs completed on the entire building with a lifetime warranty
  • One side is leased to a long‑term tenant
  • 0.104‑acre parcel

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Dental Office Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 75134, TX

20,194
Population
7,003
Households
2.9
Avg Household Size
34
Median Age
22%
College-Educated
87%
High-School Grad
10.6 sq mi
ZIP Area
1,905
Density / Sq Mi
$66,134
Median Household Income
$48,605
Median Earnings
$1,762
Median Rent
$216,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One side has a long-term tenant, and foundation work on the building carries a lifetime warranty.
Where is this duplex located?
The property is located at 1487 Brook Meadow Circle Lancaster, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Foundation repairs completed on the entire building with a lifetime warranty; One side is leased to a long‑term tenant; 0.104‑acre parcel
More about this property
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