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$655,710

4505 Old Colony Line Rd, Lockhart, TX, 78644

$852,423 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,949 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.85 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5.13 acres

Building Information

Year Built2015
Stories1
Roof Type112
Garage Spaces2

Land Information

APN0200235-200-210-00
Lot Number21
SubdivisionPerson, Edmund H.
Land UseResidential
Legal DescriptionA235 PERSON, EDMUND H., ACRES 5.1257, LOT 21 SPRING CREEK U/R SUB LOT 21 SPRING CREEK U/R SUB
Census Tract960102
Assessed Land Value$205,360
Assessed Improvement Value$450,350
Assessment Year2025

About this property

A divine country home with all the perks! This 3 bedroom 2 bathroom custom home w/metal roof on 5 acres also includes a guest home and workshop. The fully fenced property welcomes you through a custom automatic gate to the stone home with lovely front porch. High ceilings, open floor plan, no carpet, and neutral colors throughout. Custom cabinets in the kitchen with an 8 foot island, gas range, granite counters, large pantry, and an abundant of cabinet space. Don't miss the special touches throughout--the swinging laundry room door, custom lighting, antique double screen doors, and stone fireplace are one of a kind! Double barn doors lead to the primary suite, bathroom, and walk in closet. Just off the open living areas are two additional bedrooms that share a bathroom w/ a walk in shower. The main home has a 2 car carport. The guest home is 1 bed/1 bathroom and includes a full kitchen, front porch, and covered parking--a great generational living option or income producing rental. The workshop is 30'x40' feet with 22'x63' lean-tos for additional storage. There's also a full bathroom and several storage rooms that have electricity. This property is serviced by a well but also includes a 5000 gallon storage tank for rain water collection with a whole home UV filtration system. The mature post oaks offer so much shade and the pond is stocked with bass, catfish, and perch. You'll be just minutes to Lockhart, Bastrop, and Austin from either FM 713 or Old Colony Line Road off HWY 20. This is a one of a kind gem that been manicured and maintained for the pickiest buyer. Welcome Home!

Investor Tools

Property Icon
$655,710
Estimated Property Value
$450,700Estimated Mortgage Balance
$0Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$852,423
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,073/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,602
$655,710
2025
$205,360
$450,350
$655,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,602
$655,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Trust Bank
Va
$450,700
Yes
First
Nov 22, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,362
$218,638
33%
67%
$2,703/mo

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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4505 Old Colony Line Rd | Property Details | No Agent List