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$534,000

1622 Twin Island Dr, Lockhart, TX, 78644

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.9 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Electric Range, Cooktop, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Range Hood, Stainless Steel Appliances
FlooringCarpet, Laminate, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size22,943 sqft

Building Information

Year Built1975
Stories2
Garage Spaces4

Land Information

APN0300576-000-016-00
Lot Number16
SubdivisionTwin Island Estates
Land UseResidential
Legal DescriptionTWIN ISLAND ESTATES, LOT 16
Census Tract960200
Assessed Land Value$103,920
Assessed Improvement Value$253,090
Assessment Year2025

About this property

For decades, Twin Island subdivision has been one of Lockhart's premier subdivisions. It's known for large lot sizes; this subject lot is 0.53 acre and has an automatic sprinkler. The subject is in realtor language, a "cream puff", meaning it shows beautifully and requires no upgrades for enjoyment! This home was built in 1975; there have been many upgrades over the years to include window replacement, addition of engineered hard wood floors, plantation shutters, other window treatments, beaded ceiling, vaulted beamed ceiling, and hard surfaces in all baths and in the kitchen. The primary bedroom is on the main level! There are huge trees at this property providing shade in both the front and rear yards and partial gutters. Features two living, two dining, and three full baths! There is some crown molding and kitchen has some glass front cabinets. The refrigerator will convey. Property is VERY close to Lockhart's State Park with pool and 9-hole golf course. Lockhart is the new mecca for central Texas; not only the BBQ capital of Texas, but home to many newer restaurants, shops, galleries, and more! It's within 20 minutes of San Marcos, 20 minutes to South Austin via SH 130 and 30 minutes to Bastrop.

Investor Tools

Property Icon
$452,000
Estimated Property Value
$0Estimated Mortgage Balance
$452,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month

Interested in this property?

Amelia Smith

Countywide Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,892
$357,010
2025
$103,920
$253,090
$357,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,892
$357,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
5.5%

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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