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$312,580

314 North Richland DR, Lockhart, TX, 78644

SoldInfo
7/27/26
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths1,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,299 sqft

Building Information

Year Built2023
Stories1
Garage Spaces1

Land Information

APN0301504-005-007-00
Lot Number7
SubdivisionHansford Subd - Phase 1
Land UseResidential Single Family
Legal DescriptionHANSFORD SUBD - PHASE 1, BLOCK E, LOT 7
Census Tract960400
Assessed Land Value$46,420
Assessed Improvement Value$266,160
Assessment Year2025

About this property

Welcome home to this 4 bedroom, 2.5 bath gem, nestled in the desirable Hansford community of Lockhart, Texas. This freshly completed residence is filled with natural light, featuring durable vinyl flooring throughout the main living areas and cozy carpeted bedrooms for comfort. The heart of the home is the oversized kitchen island, perfect for everyday living and entertaining and comes complete with a fridge, ready for move-in. Beyond the front door, this location offers the best of small-town Texas living. You're just minutes from historic downtown Lockhart's beloved downtown square, home to acclaimed local restaurants like Commerce Cafe and charming spots like Thorn & Bred Mercantile for coffee and local goods. Families will love the easy access to nearby elementary schools, the splash pad and trails at Lockhart City Park, and the hiking, golf, and swimming available at Lockhart State Park just a short drive away.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,744
$312,580
2025
$46,420
$266,160
$312,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,744
$312,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$239,993
No
First
Feb 12, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,863
$82,717
26%
74%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,439/mo
+$649/mo
8.0%

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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314 North Richland DR | Property Details | No Agent List