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$290,000

NAL Estimated Property Value

173 Fm 671 RD, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$144.75 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Range, Dishwasher, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1.02 acres

Building Information

Year Built2005
Stories1

Land Information

APN0500884-000-005-00
Lot Number5
SubdivisionVillage At Mineral Springs
Land UseResidential
Legal DescriptionVILLAGE AT MINERAL SPRINGS, LOT 5, ACRES 1.02, LABEL1 NTA1351551 / NTA1351552, SN1 DSETX08741A, SN2 DSETX08741B
Census Tract960102
Assessed Land Value$85,000
Assessed Improvement Value$153,380
Assessment Year2025

About this property

If you are looking for a nice, affordable home on 1 acre, look no further. This home is ready to move into. Roof replaced in last month. laminate flooring in kitchen and living room replaced recently. It has an oversized back covered porch for enjoying sunrises and sunsets. It features large Oak trees and pecans. Large 3 bedroom, 2 bath with 2 living area. Kitchen is open to family room. Large Primary bedroom has oversized walk in closet, garden tub for soaking your cares away, separate shower. In-law floor plan, cozy fireplace for those cold Texas winters (seriously). Qualifies for FHA, VA or Conventional financing. Close to Lockhart or Luling, but still in the country.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$238,239Estimated Mortgage Balance
$51,761Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,891
$238,380
2025
$85,000
$153,380
$238,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,891
$238,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$254,308
Yes
First
Dec 29, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,239
$51,761
17%
82%
$1,525/mo

Learn About the Market: Opportunity in Texas

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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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173 Fm 671 RD | Property Details | No Agent List