1520 Pegasus Dr, Lancaster, TX 75134 Property Records

Dallas County property record for 1520 Pegasus Dr, Lancaster, TX 75134

Property Summary

Property Type	Single Family Home
Details	4 bd · 3 ba · 1,837 sqft · built 2022
Lot Size	0.152 acres (6,600 sqft)
Owner	2 Individual Names on File
Last Sale	$361,620 (Nov 2023)
Tax Bill	$771 (2025)
Deeds & Mortgages	Nov 2022 Second Mortgage Nov 2023 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`360755100J00700`

Property Details

APN / Parcel Number

Primary APN	`360755100J00700`
Alternative APN	`36-07551-00J-007-0000`

Interior

Bedrooms	4 Beds
Full Baths	3 Baths
Stories	1 Story
Building Area	1,837 sqft Living Area
1st Floor Area	1,837 sqft

Exterior

Year Built	Built 2022
Effective Year Built	Effective 2022
Exterior Material	Brick Veneer
Construction Type	Frame
Roof Type	Hip
Roof Material	Composition Shingle
Lot Area	6,600 sqft (0.152 acres)
Garage Type	Attached
Garage Area	400 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	360755100J00700
Street Address	1520 PEGASUS DR
City	LANCASTER
State	TX
Zip	75134-4183
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	Z239
Legal Description	PLEASANT RUN ESTATES PH 1B BLK J LT 7 ACS 0.1515 INT202300242301 DD11302023 CO-DC 0755100J00700 4CN0755100J
Legal Subdivision	PLEASANT RUN ESTATES PH 1B
Legal Block	J
Legal Lot Number	7
Jurisdiction	DALLAS TX
Township / Civil Division	SOUTHWEST DALLAS
Census Block Group	1
Census Block	1000
Census Tract	16707

Owner

1520 Pegasus Dr is owned and occupied by two individuals who bought it in November 2023.

Source: Dallas County records, as of August 10, 2026

Owner of Record	2 Individual Names on File
Mailing Address	1520 PEGASUS DR, LANCASTER, TX 75134-4183
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 2, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage MCI PREFERRED INCOME FUND IV LLC
Nov 30, 2023	Vendor's Lien, Subdivision Related Transfer · VA Mortgage MCI MORTGAGE INC
Oct 31, 2022	Special Warranty Deed, Construction Loan · Construction Mortgage SECURITY OF TREZ CAPITAL 2015 CORPO

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 30, 2023 · Amount on File
Deed Sale	Nov 30, 2023 · Amount on File
Prior Sale	Oct 31, 2022 · Amount on File
Deed Document Number	2023242301
Record Updated	Sep 20, 2026

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DALLAS TX
Property Address	1520 PEGASUS DR, LANCASTER, TX 75134-4183
Transaction Type	Mortgage
Record Updated	Sep 29, 2025
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2101 CEDAR SPRINGS RD 200, 200, DALLAS, TX 75201-2104
Investor	Possibly a Property Investor

Mortgage

Document Number	0000284938
Date	Nov 2, 2022
Instrument	202200284938

Lender

Name	MCI PREFERRED INCOME FUND IV LLC
Type	Non-Lending Institution
Address	DALLAS, TX 75201

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record

November 2023: Vendor's Lien, Subdivision Related Transfer

Document Type	Vendor's Lien
Jurisdiction	DALLAS TX
Recording Date	Nov 30, 2023
Property Address	1520 PEGASUS DR, LANCASTER, TX 75134-4183
Document Number	0000242301
Map Reference	DOC 2022-217964
Instrument Date	Nov 30, 2023
Instrument	202300242301
Transaction Type	Subdivision Related Transfer
Record Updated	Sep 29, 2025
Title Company	MBH TITLE, MH TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	152 C PEGASUS DRIVE, LANCASTER, TX 75134

Mortgage

Document Number	0000242302
Date	Nov 30, 2023
Instrument	202300242302

Lender

Name	MCI MORTGAGE INC
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	VA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Dec 1, 2053

October 2022: Special Warranty Deed, Construction Loan

Document Type	Special Warranty Deed
Jurisdiction	DALLAS TX
Recording Date	Oct 31, 2022
Property Address	1520 PEGASUS DR, LANCASTER, TX 75134-4183
Document Number	0000282864
Map Reference	FILE 2022-217964
Instrument Date	Oct 26, 2022
Instrument	202200282864
Transaction Type	Construction Loan
Record Updated	Sep 29, 2025
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2101 CEDAR SPRINGS RD STE 700, 700, DALLAS, TX 75201-1504

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2101 CEDAR SPRINGS RD STE 700, 700, DALLAS, TX 75201-1504
Investor	Possibly a Property Investor

Mortgage

Document Number	0000282865
Date	Oct 31, 2022
Instrument	202200282865

Lender

Name	SECURITY OF TREZ CAPITAL 2015 CORPO
Type	Non-Lending Institution

Agreement

Type	Construction Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 1520 Pegasus Dr was $771 with exemptions applied.

Source: Dallas County assessment roll, as of August 10, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Dallas County
Municipality	Lancaster City
Unified School District	Lancaster Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$336,390 (-4.09%) Land $75,000 Building $261,390	$336,390 (-4.09%) Land $75,000 Building $261,390
2025	$771.00 Homeowner's exemption	$350,740 Land $75,000 Building $275,740	$350,740 Land $75,000 Building $275,740
2023	$5,271.00	$218,650 Land $75,000 Building $143,650	$218,650 Land $75,000 Building $143,650

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1520 Pegasus Dr in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 12, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1520 Pegasus Dr is low, with a 0.02% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 93% of the US · lower than 96% of Texas
Wildfire Likelihood	0.02% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF LANCASTER serves 40,449 people · EPA ID TX0570013
Water Source	Purchased surface water from DALLAS WATER UTILITY
Last State Inspection	Apr 2024
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 672 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · DSL	5,000 / 5,000
Spectrum Cable	1,000 / 1,000
Nextlink Fixed Wireless	500 / 100
Verizon Fixed Wireless	300 / 20

May also be available: Hotwire Communications.

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