$366,000
NAL Estimated Property Value1225 W Prairie Lea St, Lockhart, TX, 78644
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Dishwasher, Double Oven, Tankless Water Heater
FlooringCarpet, Laminate, Tile, Wood
Exterior
Exterior FeaturesDog Run
Lot Size20,086 sqft
Building Information
Year Built1958
Stories1
Garage Spaces5
Land Information
APN0300570-001-001-00
Lot Number1
SubdivisionTrammel Revised
Land UseResidential
Legal DescriptionTRAMMEL REVISED, BLOCK A, LOT 1, ACRES .4611
Census Tract960300
Assessed Land Value$123,120
Assessed Improvement Value$301,180
Assessment Year2025
About this property
Gorgeous mid-century charmer in the heart of Lockhart! This spacious 3/2 home has it all, with an expansive lot, covered deck, stone patio, inground pool, workshop, dog run, storage shed, and carport for three vehicles! The home boasts qualities from an era long ago, with hardwood floors, pocket doors, all tile baths, retro kitchen, cedar closet, and built-in bookcases! The entertainer will love the large game room and wet bar! Many owner updates, all windows replaced & added insulation for efficiency!Restrictions: Yes
Investor Tools
$366,000
Estimated Property Value
$157,444Estimated Mortgage Balance
$208,556Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,592
$354,258
2025
$123,120
$301,180
$424,300
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,592
$354,258
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$173,400
No
First
Jul 13, 2021
Aug 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,444
$207,556
56%
43%
$1,040/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,040/mo
+$1,048/mo
6.8%
