Paragon Realtors Real Estate

509 E 3rd StreetLancaster, TX 75146Price: $160,000

  • Price: $160,000
  • 185 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $160,000List Price
  • 0.16Acreage

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Listed by Joy Triplett of Jireh Realty Team LLC
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!

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Property Details of 509 E 3rd Street

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 6:00 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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