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$301,000

203 S Lockhart St, Manor, TX, 78653

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.57 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size5,750 sqft

Building Information

Year Built1975
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02336202060000
Lot Number4&5
SubdivisionManor Town Of
Land UseResidential
Legal DescriptionS1/2 OF LOT 4&5 BLK 19 MANOR TOWN OF
Census Tract002218
Assessed Land Value$77,815
Assessed Improvement Value$127,185
Assessment Year2025

About this property

In Manor Downtown with NO HOA, Fully renovated inside and outside of this charming home with Santa Fe textured walls, each room is generously sized and boasts large closets, ensuring ample storage space. The residence includes three spacious bedrooms and nice updated restrooms, with the master suite conveniently located on the main floor. All appliances stay - Refrigerater, Washer and Dryer. Upgraded Anderson windows enhance the home's energy efficiency, aesthetic appeal and surrounded by big and beautiful trees as well as private spacious backyard with separate drive in possible. Seller may consider selling this home together with adjacent duplex[MLS ID#5828467]. Manor has a very strong renters market as well as peaceful neighbor hood for the family living within the city. Close to US 290/FM973, Tesla's $10B Giga factory and 15 miles to Samsung's $17B chip making plant. Owner/Agent

Investor Tools

Property Icon
$301,000
Estimated Property Value
$228,000Estimated Mortgage Balance
$76,276Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,035
$205,000
2025
$77,815
$127,185
$205,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,035
$205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Investor Mortgage Finance Llc
Conventional
$228,000
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,937
$55,063
19%
75%
$1,479/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: Manor

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203 S Lockhart St | Property Details | No Agent List