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Duplex with Foundation Repair
New
For Sale
$390,000

1487 Brook Meadow Circle, Lancaster, TX 75134

One unit is occupied by a long-term tenant, while the other side is available for leasing.

Property Size2,058 SF
Days on Market7

Property Features for 1487 Brook Meadow Circle

General Information

Standard status Active
Size 2,058 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $3,537

Building Details

Building Size 2,058 SF
Year Built 1982
Listing Agency: Premier Properties
Listed By: John Moore · License #0504561
Source: Nilesrealtygroup
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 13 at 12:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Properties

Investment Insights

Based on property information with market context.

This duplex was built in 1982 and has undergone foundation repair across the building. The repair is covered by a lifetime warranty.

One side is leased to a long-term tenant. The two-unit configuration provides separate living spaces within a single residential income property.

Key Highlights

  • Foundation repair completed throughout the building, with a lifetime warranty
  • One side leased to a long‑term tenant
  • Built in 1982

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.

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
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Frequently Asked Questions

What type of property is this?
Duplex - One unit is occupied by a long-term tenant, while the other side is available for leasing.
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 repair completed throughout the building, with a lifetime warranty; One side leased to a long‑term tenant; Built in 1982
More about this property
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