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$375,000

616 S Rockdale St, Lexington, TX, 78947

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,679 Sq Ft
OtherOther
price_per_sqft$223.35 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher
FlooringConcrete, Painted/Stained

Exterior

Lot Size2.06 acres

Building Information

Year Built2003

Land Information

APN11184
Land UseResidential
Legal DescriptionA289 SHAW, J., TRACT S016 & 250A, ACRES 2.057
Census Tract000100
Assessed Land Value$199,810
Assessed Improvement Value$217,920
Assessment Year2025

About this property

Location is the key with this property, sitting just on the south side of Lexington, with over 300ft of frontage on the town's main north-south street. Excellent location for your home, business, or both in the fast-growing town of Lexington that still has that small-town feel and attitude. Approx 1679 sf, 2BR, 1.5 baths, barn-style home, with eat-in kitchen and open living area. The 2.4 acres has a 1700 sf commercial building for shop or office space located just a "rock's throw" from the house. 300ft along Rockdale St allows for great visibility on one of Lexington's main thorofares with easy access to State Hwy 77. This property is within 30 minutes of the new Samsung location in Taylor, 20 minutes to Giddings, and less than 1 hour to Austin.

Investor Tools

$142,146Estimated Mortgage Balance
$275,880Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,506 /month
Positive
Cash Flow Estimate:
$835 /month

Interested in this property?

Thomas Owens

Pud Owens Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,410
$417,730
2025
$199,810
$217,920
$417,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,410
$417,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brad L Buckingham Etux
Unknown
$161,320
No
First
Apr 27, 2020
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,146
$275,584
65%
34%
$968/mo

City: Lexington

616 S Rockdale St | Property Details | No Agent List