Last 24 Hours
$386,000
NAL Estimated Property Value425 Political Rd, Lockhart, TX, 78644
Off Market
— Beds
— Bath
2,000 Sq Ft
Built in 2024Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.02 acres
Building Information
Year Built2024
Stories1
Land Information
APN0101101-000-100-00
Lot Number1
SubdivisionCarpol Subd
Land UseResidential On Non-Qualified Ag Land
Legal DescriptionCARPOL SUBD, LOT 1, ACRES 1.025
Census Tract960502
Assessed Land Value$72,400
Assessed Improvement Value$72,810
Assessment Year2025
About this property
Multiple Offers Received. 1.025 Acres lot with a lot of mature trees. Enjoy peace and privacy 10 minutes from Lockhart and Approx. 20 minutes from San Marcos. No Restrictions, Water and Electricity are connected. Driveway connecting to road will be installed. Lot is fenced on 3 sides. Agent is in part owner.
Investor Tools
$386,000
Estimated Property Value
$163,092Estimated Mortgage Balance
$223,176Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,310
$145,210
2025
$72,400
$72,810
$145,210
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,310
$145,210
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ahasuerus Proprties Llc
Purchase Money Mortgage
$170,000
No
First
Jan 23, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,092
$221,908
57%
42%
$1,020/mo
12.4%