Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$499,000

NAL Estimated Property Value

218 S Rio Grande St, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,442 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$346.05 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Other, See Remarks, Some Gas Appliances
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPatio, Private Yard
Lot Size11,339 sqft

Building Information

Year Built1925
Stories1

Land Information

APN0300553-002-001-80
Lot Number1
SubdivisionReeds
Land UseResidential
Legal DescriptionREEDS, BLOCK 2, LOT 1 & PT 2, **ABANDONDED ALLEY** **ABANDONDED ALLEY**
Census Tract960300
Assessed Land Value$74,960
Assessed Improvement Value$198,890
Assessment Year2025

About this property

Welcome home to this charming 1-story 3 bedroom, 2 bath beauty that greets you with the sweetest front porch, perfect for morning coffee and evening unwinding. Fully remodeled just a few years ago, this home blends fresh, airy updates with timeless character, preserving original details like the stunning wood floors and exposed shiplap ceilings that honor its 100-year-old heritage. Tall ceilings and oversized windows flood the home with natural light, creating a warm glow—especially during golden hour. The kitchen is a true showpiece, featuring quartz countertops, a large island, updated appliances, open shelving, abundant cabinetry, and a farmhouse apron-front sink perfectly positioned beneath a sun-filled window. The mud and laundry room adds even more charm with patterned tile flooring and an arched door leading to the back deck overlooking a spacious yard ideal for relaxing or entertaining. All three bedrooms offer unique character, and the primary suite includes a walk-in closet. Both bathrooms have been thoughtfully updated with stylish tile and modern fixtures. Beyond the main home, two fully finished, two-story buildings provide incredible flexibility. Fully wired, insulated with spray foam, and equipped with split units for heating and cooling, these spaces are ideal for a workshop, art studio, gym, office, or additional storage. The 14x20 building is currently used as an artist studio, while the 16x24 building serves as a gym with an upstairs office. Located less than a mile from the historic square in Lockhart, you’ll enjoy easy access to local shops, dining, and community charm, all just a short stroll away. This home truly feels like home the moment you arrive.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$341,872Estimated Mortgage Balance
$157,128Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,270
$273,850
2025
$74,960
$198,890
$273,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,270
$273,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Unknown
$348,000
No
First
May 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,872
$157,128
31%
69%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,087/mo
+$1/mo
5.0%

City: Lockhart

218 S Rio Grande St | Property Details | No Agent List