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$155,000 -$5,000 (-3.13%) Price Reduced
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Property 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!
Full Property Details
Full Property Details for 509 E 3rd St
General
- Price: $155,000
- Taxes: $3,471
- Status: Active
- Type: Office
- Source: NTREIS
- MLS ID: 21114965
- Updated: 9/4/2026
- Added to Site: 292 day(s) ago
Business
- Name: True Holiness Church
- Business Type: Other
Interior
- Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
Additional Information
- Security/Safety: Smoke Detector(s)
Parking
- Parking Features: Gravel, No Garage, On Site, Off Street
Location
- County: Dallas
- Subdivision: Original Town Of Lancaster
- Driving Directions: GPS
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Frame, Wood Siding
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,020
- Sq. Ft. Source: Assessor
- Year Built: 1920
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.161
- Lot Size (Sq. Ft.): 7,013.16
- Lot Size Source: Public Records
- Frontage: City Street
- Potential Use: Automotive, Food Service, Industrial, Medical/Dental, Office, Other, Place of Worship, Restaurant
- Zoning: Mixed Use, Light Industrial
Financial Considerations
- Tax Amount: $3,471
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: ORIG TOWN LANCASTER 50X140
- Inclusions: Building Only, Land & Improvements
- Disclosures/Rstr.: Flood Plain Disclosure
- Property ID: 36000500310010000
- Block: 31
Listed by Jireh Realty Team LLC, Joy Triplett
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Schools
Schools serving 509 E 3rd St
School District:Lancaster Independent School District
| Name | Grades | Distance |
|---|---|---|
West Main Elementary School 531 West Main Street, Lancaster, TX 75146 | PK-5 | 0.6 mi |
Lancaster Middle School 822 West Pleasant Run Road, Lancaster, TX 75146 | 7-8 | 1.3 mi |
Lancaster High School 200 E Wintergreen Rd, Lancaster, TX 75134 | 10-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 E 3rd St
Date
Details
Price
Change
Source
9/04/2026
Price Reduced
$155,000
-3.12%
MLS
11/17/2025
Listed
$160,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 E 3rd St
509 E 3rd Street, Lancaster, TX 75146 (MLS# 21114965) is a Office property. 509 E 3rd Street is currently listed for $155,000 and was received on November 17, 2025. Want to learn more about 509 E 3rd Street? Do you have questions about finding other Office real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

