$508,000
NAL Estimated Property Value255 Burdette Wells Rd, Lockhart, TX, 78644
Off Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Exterior
Exterior FeaturesNone
Lot Size1 acre
Building Information
Year Built2021
Stories1
Land Information
APN0200997-000-300-00
Lot Number3
SubdivisionReserve Acres Estates
Land UseResidential
Legal DescriptionRESERVE ACRES ESTATES, LOT 3, ACRES 1.0
Census Tract960600
Assessed Land Value$137,870
Assessed Improvement Value$367,470
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 and fenced along the back. Great place for a nice custom home. Convenient location.Restrictions: Yes
Investor Tools
$508,000
Estimated Property Value
$0Estimated Mortgage Balance
$508,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,736
$505,340
2025
$137,870
$367,470
$505,340
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,736
$505,340
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$522,000
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
4.9%
