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$255,000

609 Cottonwod ST, Lockhart, TX, 78644

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,464 Sq Ft
DuplexDuplex
price_per_sqft$174.18 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size11,456 sqft

Building Information

Year Built1965
Stories1

Land Information

APN0300017-006-260-00
SubdivisionLockhart, Byrd
Land UseResidential
Legal DescriptionA017 LOCKHART, BYRD, ACRES .263
Census Tract960200
Assessed Land Value$103,450
Assessed Improvement Value$180,540
Assessment Year2025

About this property

Charming Duplex for sale. Discover a fantastic owner-occupant or investor opportunity near the heart of Lockhart. Located just under a mile from Lockhart’s Main Street, this property puts you within easy reach of popular restaurants, boutique shops, and local retail favorites. This versatile home offers a small main home with 2 bedrooms and 1 bathroom in a spacious mother-in-law layout with tile flooring throughout. The kitchen is the heart of this home, boasting large cabinets, stainless steel appliances, and tiled countertops. The compact yet functional approximately 380 sqft unit with a full kitchen and bathroom. Perfect as a rental or a comfortable living space for adult children or elderly parents. Situated on over 1/4 acre, the property offers ample outdoor space to expand. Whether you're looking for a primary residence with rental potential or an income-producing property, this home offers the flexibility to suit your needs. Fully leased it recently received $2,170 a month in rent. Currently it's vacant. The larger home can be available for an owner occupant. Seize this opportunity to invest in a thriving community with a growing rental market. Don't miss out.

Investor Tools

$0Estimated Mortgage Balance
$283,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

Interested in this property?

Lalo Herrera

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,818
$283,990
2025
$103,450
$180,540
$283,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,818
$283,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$283,990
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
8.8%

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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609 Cottonwod ST | Property Details | No Agent List