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$779,460

120 Lakeview Cir, Lockhart, TX, 78644

Off MarketInfo
Beds4 Beds
Baths0 Bath
Baths2,452 Sq Ft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.66 acres

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN0800917-000-100-80
Lot Number10A
SubdivisionSpanish Oaks Estates
Land UseAgriculture / Farming
Legal DescriptionSPANISH OAKS ESTATES, LOT 10A, REVISED, ACRES 2.66 REVISED
Census Tract960502
Assessed Land Value$125,970
Assessed Improvement Value$653,490
Assessment Year2025

About this property

Build-Ready home site in Spanish Oaks!! Spanish Oaks is a beautiful deed restricted community with large wooded lots. This level corner lot is over 2 acres, fully fenced, cleared, and studded with mature trees. The property is outfitted with a septic system large enough to accommodate a 2500 sq ft + home. Electrical loops are in place--200 amps in the shop and 200 amps for a future home. The 40x50'' shop is 2000 square feet, has 3 mini split HVAC systems, fully insulated, and is plumbed for a bathroom. Co-op water supply in place (Maxwell). Two large roll up doors on each side of the shop is perfect for RV or Boat storage. Located close to I35 for easy access to Kyle, Buda, San Marcos, and New Braunfels. I10 is minutes away in Luling, or jump on 130 for easy access to Austin. Country life with great convenience!

Investor Tools

Property Icon
$779,460
Estimated Property Value
$340,000Estimated Mortgage Balance
$460,943Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,677 /month
Positive
Cash Flow Estimate:
$1,559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,240/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,979
$779,460
2025
$125,970
$653,490
$779,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,979
$779,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$340,000
No
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,517
$460,943
59%
41%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,289/mo
+$127/mo
3.7%

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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120 Lakeview Cir | Property Details | No Agent List