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Residential Land with Country Home
For Sale
$515,000

1542 W Reindeer, Lancaster, TX 75146

LAND - Lancaster, TX

Property Size1,372 SF
Lot Size4.85 Acres
Price / SF$375.36
Days on Market19

Property Features for 1542 W Reindeer

General Information

Property type Land
Property subtype Other
Zoning description Buyer to verify zoning and permitted uses
Subdivision M W Spencer Survey
Lot features Acreage, Agricultural, Cleared, Interior Lot, Few Trees, City Lot
Elementary school West Main
Middle school Lancaster,GW Carver 6th Grade
Elementary school district Lancaster ISD
Middle school district Lancaster ISD
High school district Lancaster ISD
Directions From Highway 342 ,Head south on Houston School Rd TX-342,Turn right onto Loop 9,Drive through the partially completed loop, proceed past any visible barricades as transit is permitted. Continue on Loop 9 until you reach W Reindeer Rd and turn right. The property is located on the left.
Standard status Active
APN 65128880010040100
Lot size 4.85 Acres

Utilities

Sewer type Public Sewer
Listing Agency: KARE Investment Sales & Leasing
Listed By: Karan Aulakh , CCIM
Added: Jul 17 Changed: Aug 1 Last Checked: Aug 4 at 7:06AM
MLS# 21263015

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.

Set on 4.85 acres at 1542 W Reindeer in Lancaster, TX, this residential property includes a 3-bedroom, 2-bath home with approximately 1,372 square feet. The interior features an open layout, a wood-burning fireplace, and a kitchen with an island. Outside, the acreage is a mix of cleared and partially wooded land, supported by covered porch areas and ample parking.

The home’s private setting is paired with convenient access to Dallas and surrounding areas.

The property’s combination of living space and varied acreage makes it well-suited for outdoor living and recreational or agricultural use, depending on how you plan to utilize the land.

Key Highlights

  • 3‑bedroom, 2‑bath home with approximately 1,372 SF of living space
  • Open layout with a wood‑burning fireplace
  • Kitchen with an island

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Hair Salon Nail Salon Spa & Massage Center Discount 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

11
Businesses Nearby

Demographics for 75146, TX

23,837
Population
9,575
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
87%
High-School Grad
34.7 sq mi
ZIP Area
687
Density / Sq Mi
$70,143
Median Household Income
$42,889
Median Earnings
$1,560
Median Rent
$249,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential land offering a 3-bedroom, 2-bath home on 4.85 acres with an open layout and wood-burning fireplace.
Where is this residential land & home lot located?
The property is located at 1542 W Reindeer Lancaster, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home with approximately 1,372 SF of living space; Open layout with a wood‑burning fireplace; Kitchen with an island
More about this property
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