Last 24 Hours
$750,000
1415 S Commerce St, Lockhart, TX, 78644
On Market
Commercial
— Beds
— Bath
2,400 Sq Ft
$312.5 / sqft
Built in 1967Highlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableFlooringConcrete
Exterior
Exterior FeaturesNone
Lot Size2 acres
Building Information
Year Built1967
Stories1
Garage Spaces20
Land Information
APN0300009-010-271-00
SubdivisionGeorge, James
Land UseCommercial
Legal DescriptionA009 GEORGE, JAMES, ACRES 2.0
Census Tract960200
Assessed Land Value$201,500
Assessed Improvement Value$85,000
Assessment Year2025
About this property
This property sits on a spacious 2-acre lot featuring a large workshop and dedicated office space. The workshop is equipped with three bay doors for easy access, and the office area is fully climate-controlled. Conveniently located on Commerce Street, this versatile property is available for immediate occupancy.
Investor Tools
$212,065Estimated Mortgage Balance
$75,089Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,751
$286,500
2025
$201,500
$85,000
$286,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,751
$286,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Arm (Adjustable Rate Mortgage)
$230,000
No
First
Dec 18, 2020
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,065
$74,435
25%
74%
$1,343/mo
12.4%