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Property profile

189 Historic Town Sq Lancaster, TX 75146

FOR SALE
Medical Office Space
Property ID
US82-1678992
1,400 SF 0.04 ac lot Built 1920
Last sale May 2010
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding historical brick building in Lancaster, Texas, located at 189 Historic Town Square (Dallas County), with a lot size of approximately 0.035 acres. It is configured as an established dental practice space totaling about 1,400 square feet, featuring a remodeled reception area and waiting room, four operatories, a lab area, storage, an additional bathroom, and a small office area. Parking is provided in front of and around the square. The site has been used for dental…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$43k
Assessed land$5k
Assessed improvement$38k
Effective rate2.41%

Value estimate

· Oct 2026
$305k
$275k – $336k
AI approach$305k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$3k
Operating expenses−$13k
NOI · 3.99% cap applied$20k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
3.99%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
Z105
JurisdictionDALLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.7
Law Firm12.9
Pharmacy11.1

Location

189 Historic Town Sq Lancaster, TX 75146
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

10 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
4 properties of the same type nearby
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