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$470,000

1600 Oil Field Rd, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$76.95 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Oven
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size10.05 acres

Building Information

Year Built2009
Stories1
Garage Spaces1

Land Information

APN0200264-122-150-00
SubdivisionSpillers, William
Land UseResidential
Legal DescriptionA264 SPILLERS, WILLIAM, TRACT 15, ACRES 10.052, COLONY RANCHES, LABEL1 NTA1503692, SN1 CAVTX15101861A COLONY RANCHES
Census Tract960102
Assessed Land Value$292,690
Assessed Improvement Value$126,760
Assessment Year2025

About this property

Nice manufactured home sitting on a huge 10 acre lot!! This is such a great value for a pre owned home on acreage with FHA approved foundation and skirting. With 1792 SF of living space, there is plenty of room for the entire family! Master bath features double vanity, garden tub and separate shower. Guest bath also features a spacious double vanity counter. Nice island kitchen with lots of cabinet and counter space.. Sliding glass doors lead from the dining area to the back deck overlooking the property!

Investor Tools

Property Icon
$470,000
Estimated Property Value
$135,401Estimated Mortgage Balance
$366,578Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,172
$297,927
2025
$292,690
$126,760
$419,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,172
$297,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael L Riddle
Fha
$135,401
Yes
First
Jun 10, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,422
$366,578
77%
22%
$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.

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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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