5407 Lancaster Drive

5407 Lancaster Drive has been categorized by the local assessors in Odessa, TX as a type of property. The building on the property was first built in 1957 and is 69 years old. The building has a total of 100 stories. In addition, 5407 Lancaster Drive has 1,656 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,120 ft and across the front of the lot is 590 ft. The area measurement of the land has been determined as 6,608 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Mar 25, 2022 for $202,160. That's $122.08 per sqft. Prior to that sales transaction, the property was also sold in Feb 3, 2012 for $54,268. 5407 Lancaster Drive was last assessed in 2023. The total value of the property was assessed at $150,938. Specifically, the land the property is located on was valued at $22,533. While improvements on the property were assessed at a total of $128,405. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $154,504. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.