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$1,188,000

NAL Estimated Property Value

240 Oil Field Road, Lockhart, TX, 78644

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,030 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$591.13 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Water Heater, Microwave, Oven, Water Heater, Some Gas Appliances, Range
FlooringLaminate

Exterior

Exterior FeaturesCovered Patio
Lot Size33.94 acres

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN0200264-135-000-00
SubdivisionSpillers, William
Land UseAgriculture / Farming
Legal DescriptionA264 SPILLERS, WILLIAM, ACRES 33.936
Census Tract960102
Assessed Land Value$675,560
Assessed Improvement Value$352,250
Assessment Year2025

About this property

Drastic Price Improvement! One of a kind gentleman's ranch with 34 acres +/-. Nice, custom Tilson home features 3 large bedrooms, 2.5 baths, 2 car garage. Open floor plan with center island, amazing pantry, gas stove. Home features large open floor plan with windows galore to view your beautiful ranch around you. If you like privacy, you have found the right property. Large covered porches for your viewing and relaxing pleasure. This property has road frontage on 2 sides for easy subdivision possibilities. Owner says no deed restrictions. Has a well, 2 electric poles, 2 septics. Land is fully fenced and has a seasonal pond. Barn needs some work from the weather. Motivated seller. Bring all good offers!

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,776
$1,027,810
2025
$675,560
$352,250
$1,027,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,776
$1,027,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,188,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
2.1%

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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240 Oil Field Road | Property Details | No Agent List