842 Potomac Drive

Lancaster, TX 75134

$470,000
Price
6
Beds
4
Baths
2,543 Sq. Ft.
$185 / Sq. Ft.
2,543
Sq. Ft.
$185
per Sq. Ft.

Description

Investors, take note of this income producing free-standing DUPLEX with NO HOA. Completely remodeled & move-in ready! You could lease both sides or live on one side & lease the second side to produce monthly cash flow. The layout of each side of this duplex (840 & 842 Potomac) consists of 3 bedrooms, 2 baths, and a generously sized living area with vaulted ceilings, cozy fireplace, and on-trend luxury vinyl plank flooring that flows throughout the main areas (no carpet)! The sleek and modern kitchen...Investors, take note of this income producing free-standing DUPLEX with NO HOA. Completely remodeled & move-in ready! You could lease both sides or live on one side & lease the second side to produce monthly cash flow. The layout of each side of this duplex (840 & 842 Potomac) consists of 3 bedrooms, 2 baths, and a generously sized living area with vaulted ceilings, cozy fireplace, and on-trend luxury vinyl plank flooring that flows throughout the main areas (no carpet)! The sleek and modern kitchen really has that WOW factor & comes equipped with new stainless steel appliances, quartz countertops, shaker-style cabinetry, and designer backsplash! Additional updates include new roof (Dec 2024), all new windows (2024), new water heater (2024), updated plumbing, updated electrical, foundation work with transferable warranty, upgraded bathrooms, and a full size laundry with built-in cabinets! Seller believes you can rent each unit for 2000-2100 per unit! This property offers easy access to major routes, and a multitude of shopping, entertainment and dining choices. Don't miss out!
  1. Listed by Renae Goines • TREC #0602902 • Redfin Corporation • 817-783-4605

Property Details for 842 Potomac Drive

Subdivision Name
Highlands South
Pool
No
Garage Spaces
0
Number Of Parking Spaces
4
LISTING UPDATED: 01/10/2025 05:10 PM

Property Details for 842 Potomac Drive

StatusActive
MLS #20808032
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1984
Lot Size0.09 AC / 3,833 SF
CountyDallas County

Virtual Tour

Building Information for 842 Potomac Drive

Stories1Residences2Year Built1984Building Size-Lot Size0.09 AC / 3,833 SF

Property Information for 842 Potomac Drive

Summary
Location and General Information
  • Block: 2
  • Complex Name: 842 and 840 Potomac Dr
  • Directions: From 342, Head west on W Wintergreen Rd toward Pebble Beach Dr Turn right onto Potomac Dr Turn left The Destination will be on the Right.
  • Elementary School: Belt Line
  • Elementary School Name: Belt Line
  • High School: Lancaster
  • High School Name: Lancaster
  • Intermediate School: GW Carver 6th Grade
  • Middle School: Lancaster
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Lancaster ISD
  • Geocode Confidence: High
  • Latitude: 32.62
  • Longitude: -96.77
  • State: Texas
Parking
  • Garage Length: 0
  • Garage Width: 0
  • Parking Features: No Garage
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Spaces Covered Total: 0
  • Garage Height: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: HIGHLANDS SOUTH BLK 2 LT 24B and LOT 24A
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: 24A&B
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Brick
  • Fireplaces Total: 2
  • Flooring: Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Chandelier, Decorative Lighting, Open Floorplan, Paneling, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Oven, Microwave, Vented Exhaust Fan
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air
  • Living Area: 2543.0
  • Smart Home Features Appor Pass Y: No
  • Window Features: Bay Window(s)
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Brick, Siding
  • Exterior Features: Storage
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Horse Permitted: No
  • Number Of Units Total: 2
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: 1031 Exchange, All Inclusive Trust Deed, Cash, Conventional, FHA, VA Loan
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Carbon Monoxide Detector(s)
  • Property Match: APN
Lot Information
  • Dock Permitted: No
  • Lot Features: Interior Lot, Landscaped
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.088
  • Lot Size Area: 0.088
  • Lot Size Units: Acres
  • Lot Size Square Feet: 3833.28
  • Multi Parcel ID: Yes
  • Parcel Number: 360397500224A0000
  • Parcel Number 2: 360397500224B0000
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 1289.0
  • Average Lease Amount: $2,100.00
  • Dining Area Length: 12.0
  • Dining Area Width: 9.0
  • Kitchen Length: 12.0
  • Kitchen Width: 9.0
  • Living Area Length: 17.0
  • Living Area Width: 14.0
  • Master Bed Length: 12.0
  • Master Bed Width: 14.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 1254.0
  • Average Lease Amount: $2,100.00
  • Dining Area Length: 10.0
  • Dining Area Width: 11.0
  • Kitchen Length: 13.0
  • Kitchen Width: 8.0
  • Living Area Length: 17.0
  • Living Area Width: 13.0
  • Master Bed Length: 13.0
  • Master Bed Width: 17.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 0
  • Unit Type Type: 3 Bedroom
  • Unit Type Units Total: 1

Property History for 842 Potomac Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 842 Potomac Drive

Taxable ValueLand$40,000Additions$145,460Total$185,460
Tax Record2024$4,471 ($373 / month)
Home Facts
Baths2Total Finished SqFt1,254 SqFtAbove Grade Finished SqFt1,254 SqFtStories1Lot Size3,875 SqFtStyleDuplexYear Built1984ZoningZ353CountyDALLASAPN360397500224A0000Fireplace TypeHas Fireplace

Schools near 842 Potomac Drive

This home is within Lancaster Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 7 to 8
Public - 9 to 12
Public - 6
Rating
School
Distance
Belt Line Elementary School
PublicPK to 5

Lancaster Middle School
Public7 to 8

Lancaster High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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842 Potomac Drive is a multi-family home for sale in Lancaster, TX 75134. This property was listed for sale on January 10, 2025 by Redfin Corporation, it's currently listed at $470,000. This listing's school district is Lancaster Independent School District. Nearby schools include Belt Line Elementary School, Lancaster Middle School and Lancaster High School. 842 Potomac Drive is a 6-bed, 4-bath, 2,543 sqft multi-family home built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation, Renae Goines

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