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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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509 E 3rd St , Lancaster, TX 75146
$160,000
Est. Payment: $823.75/mo
0 Bed
0 Bath
1020 Sqft
Status: active | Days on site: 279
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Endless Possibilities Just Steps From Downtown Lancaster! Discover a versatile commercial property within walking distance to downtown Lancaster—an ideal space to bring your business vision to life. Sold as-is and very reasonably priced, this property offers outstanding potential for entrepreneurs, investors, or anyone looking to create a unique commercial setting. Inside, you’ll find three generous rooms with closets, a large open living or workspace, a full bathroom, and an extra utility room with washer and dryer hookups. The layout provides flexibility for many business types and plenty of room to customize the space to fit your needs. Bring your idea… get approval from the city…this property could easily become: Office or coworking space A commercial kitchen or catering hub A boutique or specialty retail shop A wellness, yoga, or therapy studio An art or creative workshop Consulting or professional service offices A small training or education center The oversized backyard is a standout feature, offering room for outdoor dining, customer seating, events, employee gatherings, or additional functional space depending on your business concept. With its prime location and adaptable layout, this property is a rare opportunity to build something truly your own. Perfect for anyone ready to start or expand their business near the vibrant heart of Lancaster!

Highlights

Listed by Joy Triplett , Jireh Realty Team LLC , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.16

Year Built

1920

County

Dallas

Neighborhood

Original Town Of Lancaster

Listing ID

21114965

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Carpet,Ceramic Tile,Luxury Vinyl Plank

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:Mixed Use, Light Industrial
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Gravel,No Garage,Off Street,On Site
Principal Interest
$824
Taxes
$289

Home Price

$160,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$32,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$823.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $823.75 $289.25 $0.00 $1,113.00
Yearly $9,884.99 $3,471.00 $0.00 $13,355.99
Total $296,549.81 $104,130.00 $0.00 $400,679.81

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Lancaster, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems