$459,000
NAL Estimated Property Value221 Burdette Wells Rd, Lockhart, TX, 78644
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Exterior
Exterior FeaturesNone
Lot Size1 acre
Building Information
Year Built2021
Stories1
Land Information
APN0200997-000-400-00
Lot Number4
SubdivisionReserve Acres Estates
Land UseResidential
Legal DescriptionRESERVE ACRES ESTATES, LOT 4, ACRES 1.0
Census Tract960600
Assessed Land Value$137,870
Assessed Improvement Value$257,730
Assessment Year2025
About this property
Nice 1 acre lot just south of Lockhart on a paved road. Electric lines at street. Water line to property. Scattered trees. Property has been cleared / cleaned. Fenced along the back and one side. Great place for a nice custom home. Convenient location.
Investor Tools
$459,000
Estimated Property Value
$42,095Estimated Mortgage Balance
$416,905Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,840
$395,600
2025
$137,870
$257,730
$395,600
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,840
$395,600
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$47,000
No
First
Dec 8, 2020
Jan 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,095
$413,905
90%
9%
$282/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$282/mo
+$1,806/mo
5.5%
