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$366,000

NAL Estimated Property Value

1225 W Prairie Lea St, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,354 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.75 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Double Oven, Tankless Water Heater
FlooringCarpet, Laminate, Tile, Wood

Exterior

Private PoolPrivate Pool
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

Property Icon
$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

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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%

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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1225 W Prairie Lea St | Property Details | No Agent List