Lancaster Wholesale Property – *SOLD*

Unique Opportunity - Acre Lot

Assignment contract offered for sale by wholesaler for the Property located at

2675 Nokomis Rd, Lancaster, TX 75146

4 beds2 baths1,776 sqft

1 Acre Lot

Yr Built: 1970

ARV: $220,000 

Asking Price $105,000

Repairs (est): $30k

Rents comps at $1500/mo

video: coming soon

Here is a  opportunity on the outskirts of Lancaster for the right investor. House needs some cosmetic updating.  1 Acre Lot.  Currently tenant occupied with tenants on month to month lease only paying $650 per month. House has a new electric panel, new aerobic septic system. Roof 10 years old. Rent comps in the area justify $1500/mo.

For more info and to schedule access, contact Justin @ 214-922-1970 or email

FINANCING AVAILABLE on this and all of our investment properties from 3L Finance.  Call Mike now at 972-737-1850 to find out which loan is for you.

  • Loan Amount:  90% of purchase price + Rehab Amount:  90%-100%
  • Total Loan Amount (Purchase + Rehab):  Not to exceed 70% ARV
  • Interest Rate: 12%
  • Origination Fee: 2%
  • Term: 6 months
  • Other charges:  No other fees.  No appraisal required.  No underwriting/processing fees.


  • After Repaired Value: 220,000 
  • Estimated Rehab: 30,000 
  • Price: 105,000 
  • Terms: cash or cash-like financing 
  • Estimated Rent: 1500 


  • Address: 2675 Nokomis Rd, Lancaster, TX 75146, USA 
  • Bedrooms:
  • Bathrooms:
  • Garage:
  • SqFt: 1776 
  • Subdivision: Winniford 
  • Area: SE Lanaster, rural 

Contact Information

  • Phone Number: 214-922-1970 
  • Contact Name: Justin 
  • Contact User Name: 
  • Date Listed: 12/16/2017 

Lease Terms

tenant occupied on month to month lease


Lancaster ISD

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