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$524,000

NAL Estimated Property Value

1200 Spruce St, Lockhart, TX, 78644

SoldInfo
7/10/26
Beds3 Beds
Baths3 Bath
Baths4,157 Sq Ft
price_per_sqft$186.43 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Range Hood
FlooringVinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size15,002 sqft

Building Information

Year Built1955
Stories1
Garage Spaces1

Land Information

APN0300506-011-001-80
Lot Number1,2
SubdivisionBlanks, Mrs. M M
Land UseResidential
Legal DescriptionBLANKS, MRS. M M, BLOCK 11, LOT 1,2
Census Tract960300
Assessed Land Value$94,350
Assessed Improvement Value$277,150
Assessment Year2025

About this property

Fully renovated from top to bottom, this stunning 1955 mid-century ranch offers over 4,100 square feet of thoughtfully designed living space. Featuring custom cabinetry, a stylish wet bar, multiple entertainment and dining areas, and a dedicated office, this home blends timeless character with modern convenience. Situated on a spacious corner lot just minutes from Downtown Lockhart's shops, restaurants, and entertainment, this one-of-a-kind property offers the perfect combination of charm, functionality, and location. Information provided is deemed reliable but not guaranteed. Buyers and buyers' agents should independently verify all measurements, square footage, schools, taxes, and other information important to the buyer.

Investor Tools

Property Icon
$524,000
Estimated Property Value
$968,886Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,393
$371,500
2025
$94,350
$277,150
$371,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,393
$371,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Temple View Capital Funding Lp
Unknown
$493,000
No
First
Feb 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$968,886
N/A
0%
185%
$5,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$5,835/mo
$-3,747/mo
4.8%

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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1200 Spruce St | Property Details | No Agent List