$343,470
NAL Estimated Property Value1318 Torres St, Lockhart, TX, 78644
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size13,896 sqft
Building Information
Year Built2023
Stories1
Garage Spaces2
Land Information
APN0300625-000-050-00
Lot Number5
SubdivisionEllison Subdivision
Land UseResidential
Legal DescriptionELLISON SUBDIVISION, LOT 5
Census Tract960200
Assessed Land Value$105,050
Assessed Improvement Value$238,420
Assessment Year2025
About this property
Looking for a gorgeous lot to build a dream home or an great investment property on?! Here it is!!!! A large beautiful residential lot with trees within Lockhart city limits, zoned for a duplex or a single family residence. Conveniently located. Be sure to verify schools with Lockhart ISD.
Investor Tools
$343,470
Estimated Property Value
$273,627Estimated Mortgage Balance
$70,291Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,061 /month
Positive
Cash Flow Estimate:
$687 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,094
$343,470
2025
$105,050
$238,420
$343,470
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,094
$343,470
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$284,750
No
First
Feb 9, 2024
Mar 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,627
$69,843
20%
80%
$1,708/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,708/mo
+$380/mo
7.3%
