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$350,000

616 S.Rockdale Street, Lexington, TX, 78947

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,500 Sq Ft
price_per_sqft$233.33 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Range, Other, Refrigerator, See Remarks
FlooringConcrete

Exterior

Exterior FeaturesOther, See Remarks
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

This is an excellent location for home or business, just on the south edge of Lexington, one of the fastest growing small towns in Central Texas. 2003-built barndominium with 2 BR,2 baths, and porches on 2 sides. More than 2 acres for your pets or livestock to roam. 1700 s.f. shop/commercial bldg is on-site with a walk-in cooler area, 2 restrooms, and open floor space with large walk-through doors. Rockdale St. is a high-traffic street that is a main thoroughfare into the town of Lexington. 300 ft of frontage gives a lot of visibiltiy to the property

Investor Tools

$141,553Estimated Mortgage Balance
$276,177Estimated Equity
66% 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
$141,553
$276,177
66%
34%
$968/mo

City: Lexington

616 S.Rockdale Street | Property Details | No Agent List