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$1,342,919

1420 S Colorado St, Lockhart, TX, 78644

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,828 Sq Ft
RetailRetail
price_per_sqft$119.94 / sqft
Year BuiltBuilt in 1986

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size30,840 sqft

Building Information

Year Built2024
Stories1

Land Information

APN0300002-053-020-00
SubdivisionBerry, Francis
Land UseCommercial
Legal DescriptionA002 BERRY, FRANCIS, ACRES .708
Census Tract960200
Assessed Land Value$363,557
Assessed Improvement Value$979,362
Assessment Year2025

About this property

This property has been operated as a Sirloin Stockade for decades! The building is now vacant and the restaurant has closed. This building had a cosmetic renovation years ago. It has a cold/hot food bar and a separate built in that was used for a desert bar. It's a full service kitchen with walk-in cooling/freezer and a pass thru 2nd hot food bar. The parking lot has 46 spaces to include handicap. This is a high traffic area; corner lot; frontage on Hwy 183 and on Bufkin Lane. Building/land no bizRestrictions: Yes

Investor Tools

Property Icon
$1,342,919
Estimated Property Value
$0Estimated Mortgage Balance
$1,342,919Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,058 /month
Positive
Cash Flow Estimate:
$2,686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,479
$1,342,919
2025
$363,557
$979,362
$1,342,919
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,479
$1,342,919

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,342,919
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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1420 S Colorado St | Property Details | No Agent List