$296,000
NAL Estimated Property Value401 Thunderstorm Ave, Lockhart, TX, 78644
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Free-Standing Range, Water Heater, Water Softener Owned
FlooringCarpet, Tile, Vinyl
Exterior
Exterior FeaturesNone
Lot Size7,619 sqft
Building Information
Year Built2002
Stories2
Garage Spaces2
Land Information
APN0300612-030-014-24
Lot Number24
SubdivisionSummerside
Land UseResidential
Legal DescriptionSUMMERSIDE, BLOCK 14, LOT 24, SECTION 2 SECTION 2
Census Tract960200
Assessed Land Value$49,380
Assessed Improvement Value$246,620
Assessment Year2025
About this property
Large two story home with living area, kitchen with breakfast area, gas stove, dishwasher, pantry, dining area, half bath, utility room with built-ins, coat closet, storage under stairs, tile flooring, master bedroom with full bath, double sinks, garden tub, shower, walk in closet, linen closet in hall, three additional bedrooms all nice size with full bath, replaced carpet, two car garage, privacy fence, home recently renovated and like new, ready to move into, across from park, verify schools.FEMA - Unknown Restrictions: Yes
Investor Tools
$296,000
Estimated Property Value
$160,757Estimated Mortgage Balance
$135,243Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,098
$296,000
2025
$49,380
$246,620
$296,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,098
$296,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$192,449
No
First
Apr 28, 2018
May 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,757
$135,243
45%
54%
$1,154/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$1,154/mo
+$1,262/mo
9.8%
