Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated? Info
Days111Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$148,900

523 S Rio Grande St, Lockhart, TX, 78644

$172,849 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,103 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$135 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesRange, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool

Building Information

Year Built1935
Stories1
Garage Spaces1

Land Information

APN0300541-001-001-10
Lot Number1,2
SubdivisionMathis
Land UseResidential
Legal DescriptionMATHIS, BLOCK 1, LOT PT 1,2
Census Tract960300
Assessed Land Value$60,390
Assessed Improvement Value$89,340
Assessment Year2025

About this property

Great Investment property. Lots to work with including second kitchen and bath with separate entrance. This property is priced with repairs in mind. Property has been a rental. With a little paint and imagination this could be a great rental or family home with needs for a private space. Perfect for an older child going to school or a parent that wants a little privacy but still wants to be close. just off the back porch there is a laundry room with washer and dryer connections. The fence is fenced and shaded. The roof and AC are recent. Title has been opened at Independence title for a quick close. Location is convenient to schools.

Investor Tools

Property Icon
$149,730
Estimated Property Value
$0Estimated Mortgage Balance
$149,730Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$172,848
Rent-to-Value Ratio: 0.72%
Rent Estimate
$898 /month
Positive
Cash Flow Estimate:
$299 /month

Interested in this property?

Karen Bell

Bell & Associates

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,245
$149,730
2025
$60,390
$89,340
$149,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,245
$149,730

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$149,730
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
13.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

523 S Rio Grande St | Property Details | No Agent List