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$386,970

NAL Estimated Property Value

1012 W Prairie Lea St, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.9 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Free-Standing Range, Refrigerator, Water Softener Owned
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size13,499 sqft

Building Information

Year Built1947
Stories1
Garage Spaces4

Land Information

APN0300569-006-006-00
Lot Number6
SubdivisionTrammel Revised
Land UseResidential
Legal DescriptionTRAMMEL REVISED, BLOCK 6, LOT 6
Census Tract960300
Assessed Land Value$86,670
Assessed Improvement Value$300,300
Assessment Year2025

About this property

Gorgeous mid-century 3/2 with beautiful renovations and updates! Freshly refinished hardwoods throughout, glistening granite counters in kitchen & baths, stainless appliances, recessed lighting, office, and spacious utility w/ ironing board! Master offers three closets, jetted tub, and oversized tile shower. Behind the main home is a guest quarters with its own full bath (not included in sqftg)! Two garages and plentiful parking. All on a large, shady, corner lot just blocks from the historic town square!Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$386,970
Estimated Property Value
$212,561Estimated Mortgage Balance
$175,191Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,789
$386,970
2025
$86,670
$300,300
$386,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,789
$386,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$230,182
No
First
Feb 1, 2022
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,561
$174,409
45%
55%
$1,381/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,381/mo
+$707/mo
6.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lockhart

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1012 W Prairie Lea St | Property Details | No Agent List