Last 24 Hours
$196,000
NAL Estimated Property Value222 Blackjack St, Lockhart, TX, 78644
Off Market
2 Beds
2 Bath
894 Sq Ft
$139.82 / sqft
Built in 1928Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms 2
Garage Available
Heating Floor/WallAppliancesFree-Standing Range
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesNone
Lot Size6,098 sqft
Building Information
Year Built1928
Stories1
Garage Spaces2
Land Information
APN0300009-010-060-00
SubdivisionGeorge, James
Land UseResidential
Legal DescriptionA009 GEORGE, JAMES, ACRES .14
Census Tract960200
Assessed Land Value$27,250
Assessed Improvement Value$79,150
Assessment Year2025
About this property
Commercial Heavy Business is what this property is zoned. It is a 2 bedroom home with 2 full baths, living room and kitchen with dining area. Home needs work and gas meter has been removed. Utilities are not on so home is dark. Bring flashlight. Home has no heating or cooling. Property is completely fenced and has a 1 car carport. Property has lots of potential and close to downtown Lockhart or would make a great rental. Verify Schools.
Investor Tools
$196,000
Estimated Property Value
$0Estimated Mortgage Balance
$196,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,664
$106,400
2025
$27,250
$79,150
$106,400
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,664
$106,400
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
10.0%
12.4%