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$378,930

1600 State Park Rd, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,522 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.62 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Ice Maker, Refrigerator, Electric Water Heater
FlooringTile, See Remarks

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size1.24 acres

Building Information

Year Built1970
Stories1
Garage Spaces4

Land Information

APN0300002-052-050-00
SubdivisionBerry, Francis
Land UseResidential
Legal DescriptionA002 BERRY, FRANCIS, ACRES 1.245
Census Tract960200
Assessed Land Value$88,940
Assessed Improvement Value$289,990
Assessment Year2025

About this property

It is rare to find a property like this; country living in the City limits and just minutes to Lockhart State Park! This fabulous home is on 1.25 acres with gorgeous trees, porch/patio, lavish landscaping, and a separate additional two car garage with upstairs bonus room. There are updates to the home to include flooring, removal of popcorn and interior paint, some kitchen updates/appliances and replacement of shingles in fall of 2020. The kitchen decor is white/cream tones that carry into dining built-ins and dry bar. In addition to the 3/2 floor plan, there's an enclosed porch for your at-home projects! This porch leads to rear decking and to a flag stone open porch and both areas are perfect for entertaining. The rear open porch leads to the second structure; it can be used for your cars but also for a handy-man's workshop. The upstairs is cooled by a split system, so another perfect location for extra bonus space or an office. The lot is fenced, has a dog run, outbuilding, and playscape. Kitchen pot rack does not convey. Home has City of Lockhart utilities. The seller may consider offers until Tuesday, October 12th and will respond accordingly.

Investor Tools

Property Icon
$378,930
Estimated Property Value
$314,250Estimated Mortgage Balance
$91,420Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,517 /month
Positive
Cash Flow Estimate:
$839 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,388
$378,930
2025
$88,940
$289,990
$378,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,388
$378,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$314,250
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,510
$91,420
24%
76%
$1,885/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,885/mo
+$203/mo
6.6%

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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1600 State Park Rd | Property Details | No Agent List