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$1,132,294

480 Grandpa RD 2, Lockhart, TX, 78644

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.97 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance
Lot Size36.86 acres

Building Information

Year Built2021
Stories1
Garage Spaces1

Land Information

APN0100063-123-000-00
SubdivisionConnell, Sampson
Land UseResidential
Legal DescriptionA063 CONNELL, SAMPSON, ACRES 36.863
Census Tract960103
Assessment Year2025

About this property

Tucked away on nearly 37 acres of peaceful Texas countryside, this one-of-a-kind property offers incredible versatility making it the perfect canvas for your next place to call home! A 1940-built cabin adds vintage charm with 2 bedrooms, 1bath, and two Mitsubishi heat pump units for modern efficiency. The property itself is a private haven with a fishing pond, mature trees, cross-fencing for livestock, a corral, and wide-open skies that deliver unforgettable sunsets. Rich in potential and rooted in nature, 480 Grandpa Rd invites you to imagine the life you’ve been waiting to build.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,327
$1,132,294
2025
N/A
N/A
$1,132,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,327
$1,132,294

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Farm Credit Aca
Open End Mortgage / Open End With Future Advance Clause
$531,250
No
First
Sep 17, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,046
$646,248
57%
43%
$3,186/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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480 Grandpa RD 2 | Property Details | No Agent List