Last 24 Hours
$405,000
NAL Estimated Property Value142 Elm St, Lockhart, TX, 78644
Off Market
3 Beds
2 Bath
1,866 Sq Ft
$78.78 / sqft
Built in 1980Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2
Heating Central
CoolingAppliancesFree-Standing Range
FlooringCarpet, Vinyl, Wood
Exterior
Lot Size13,055 sqft
Building Information
Year Built2005
Stories1
Land Information
APN0300617-000-006-00
Lot Number6
SubdivisionLoveland-Schneider Subd
Land UseResidential
Legal DescriptionLOVELAND-SCHNEIDER SUBD, LOT 6
Census Tract960400
Assessed Land Value$151,810
Assessed Improvement Value$270,760
Assessment Year2025
About this property
Go see this older home with lots of charm. Great rear deck over looking large backyard with shade trees. Carpet coming soon in all bedrooms and hall. Some repairs have recently been made. This home has been a rental property for many years but home has much more potential.Restrictions: Yes
Investor Tools
$405,000
Estimated Property Value
$110,406Estimated Mortgage Balance
$295,004Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,959
$313,594
2025
$151,810
$270,760
$422,570
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,959
$313,594
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Solo Ira Llc
Commercial
$120,000
No
First
Dec 22, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,406
$303,594
73%
27%
$720/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$720/mo
+$1,368/mo
6.2%
12.4%