$285,000
NAL Estimated Property Value114 Mockingbird Ln, Lockhart, TX, 78644
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher, Free-Standing Range, Refrigerator, Water Heater
FlooringCarpet, Linoleum
Exterior
Exterior FeaturesNone
Building Information
Year Built1984
Stories1
Garage Spaces2
Land Information
APN0300593-002-005-00
Lot Number5
SubdivisionWestland
Land UseResidential
Legal DescriptionWESTLAND, BLOCK 2, LOT 5
Census Tract960300
Assessed Land Value$63,780
Assessed Improvement Value$199,370
Assessment Year2025
About this property
Rare duplex opportunity in Lockhart! 2/2/1's with great rent potential in an established neighborhood near schools! Many pricy improvements already complete: 2018 replaced HVAC units and ductwork (both sides), gas water heater in B, full interior paint, and exterior trim paint. Shingles replaced in 2014. Ready for cosmetic updates and your special touches! Pantries and dining bars in kitchens, covered side patios, one-car garages, and fenced backyards. Priced competitively for AS-IS sale! Easy to show!Restrictions: Yes
Investor Tools
$285,000
Estimated Property Value
$0Estimated Mortgage Balance
$285,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,746
$263,150
2025
$63,780
$199,370
$263,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,746
$263,150
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,150
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
N/A
+$2,416/mo
10.2%
