242 E Colonial Dr, Lancaster, TX 75134
OFF MARKET

242 E Colonial Dr
Lancaster, TX 75134

Clear Springs
  • 3 Beds
  • 1 Bath
  • 1,428 sqft (on 0.46 acres)

$220,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,505/mo*
Refinance Your Home

$220,400

Trulia Estimate
as of Aug 13, 2026
Est. Refi. Payment $1,505/mo*
Refinance Your Home
3 Beds
1 Bath
1,428 sqft
(on 0.46 acres)

Home Value

Trulia Estimate
$220K
Since last month
$100 (0%)
Since last year
Decreased$9K (-3.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +140% in the last 10 years
MonthEstimated value
2026
August 2026$220K
July 2026$219K
June 2026$220K
May 2026$222K
April 2026$212K
March 2026$217K
February 2026$204K
January 2026$201K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
929 Hall St, Lancaster, TX
0.44
Single-Family Home
-
03/06/26
3
1
1,376
122 E 7th St, Lancaster, TX
0.56
Single-Family Home
-
02/26/26
3
2
1,698
115 Aspen St, Lancaster, TX
0.36
Single-Family Home
-
05/18/26
4
2
1,631
609 W 8th St, Lancaster, TX
0.70
Single-Family Home
-
04/28/26
3
2
1,388
607 Arbor Ln, Lancaster, TX
0.57
Single-Family Home
-
04/03/26
4
2
2,022
613 W Hammond St, Lancaster, TX
0.69
Single-Family Home
-
12/31/25
2
1
796
536 Arbor Ln, Lancaster, TX
0.53
Single-Family Home
-
06/04/26
3
3
2,112
719 N Jefferson St, Lancaster, TX
0.63
Single-Family Home
-
12/17/25
3
2
1,100
533 Arbor Ln, Lancaster, TX
0.53
Single-Family Home
-
05/27/26
3
2
1,808
620 N Dallas Ave, Lancaster, TX
0.65
Single-Family Home
-
09/18/25
2
1
838

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
114 E Park Place Dr, Lancaster, TX 75134
0.13
$169,900
2
1
1,178
For Sale
231 River Oaks Dr, Lancaster, TX 75146
0.27
$228,800
3
1
1,290
Off Market
1506 Carol Ave, Lancaster, TX 75134
0.33
$206,800
3
1.5
1,322
Off Market
232 River Oaks Cir, Lancaster, TX 75146
0.30
$208,100
4
1
1,150
Off Market
115 Aspen St, Lancaster, TX 75134
0.36
-
4
2
1,631
Recently Sold
315 W Rea Ave, Lancaster, TX 75146
0.35
$193,100
3
1
1,160
Off Market
319 Rea Ave, Lancaster, TX 75146
0.35
$220,200
3
1
1,007
Off Market
215 Oak St, Lancaster, TX 75146
0.35
$163,600
2
1
890
Off Market
122 Oak St, Lancaster, TX 75146
0.35
-
-
-
-
Recently Sold
132 Aspen St, Lancaster, TX 75134
0.38
$188,600
3
2
1,732
Off Market
301 Alexander St, Lancaster, TX 75146
0.38
$218,100
2
1
1,018
Off Market
119 E Hammond St, Lancaster, TX 75146
0.38
-
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 242 E Colonial Dr.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Lot Size
0.46 acres
Living Area
1,428 sqft
Price/Sqft
$154
Parking
Garage

About this House

This single-family home is located at 242 E Colonial Dr, Lancaster, TX. 242 E Colonial Dr is in the Clear Springs neighborhood in Lancaster, TX and in ZIP code 75134. This property has 3 bedrooms, 1 bathroom and approximately 1,428 sqft of floor space. This property has a lot size of 0.46 acres and was built in 1950.
242 E Colonial Dr, Lancaster, TX 75134 is a 3 bedroom, 1 bathroom, 1,428 sqft single-family home in Clear Springs, built in 1950. It is currently off market. The Trulia Estimate is $220,400, with a rent estimate of $1,991/month.

Home Details for 242 E Colonial Dr

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionExterior: OtherFoundation Type: Piers
Parking & Garage
GarageParking: Garage

Property Information

Year Built
Year Built: 1950Year Updated: 1950
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.46 acres

Price and Tax history

YearProperty taxTax assessment
2025
$1,356
$226,080
Home facts updated by county records

Market trends in Lancaster

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
123
9MoM
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Around this home

Neighborhood Overview

Clear Springs
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Clear Springs

  • Lisa M.
    "it depends on the neighborhood you live in. I have had no complaints with the area I live in. Cedar Springs area"
    5
    Flag

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Apartments for Rent

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Homes for sale near 242 E Colonial Dr

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Off Market Homes Near 242 E Colonial Dr

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Frequently asked questions about 242 E Colonial Dr

  • What is 242 E Colonial Dr estimated to be worth?
    Trulia's estimated value for 242 E Colonial Dr in Lancaster, TX is $220,400.
  • Is Lancaster a buyer's or seller's market?
    Lancaster is currently a seller's market, based on recent for-sale activity.
  • What are the closest schools to 242 E Colonial Dr?
    The closest schools to 242 E Colonial Dr in Lancaster, TX are G W Carver 6th Grade STEM Learning (Elementary/Middle, rated 5/10), Lancaster High School (rated 4/10), Lancaster Middle School (rated 4/10).
  • Does 242 E Colonial Dr have air conditioning?
    Yes, 242 E Colonial Dr in Lancaster, TX has air conditioning.
  • How big is the lot at 242 E Colonial Dr?
    The lot at 242 E Colonial Dr in Lancaster, TX is about 0.46 acres (19,940 sq ft).
  • Does 242 E Colonial Dr have a garage?
    Yes, 242 E Colonial Dr in Lancaster, TX has a garage.