$350,000
616 S.Rockdale Street, Lexington, TX, 78947
On Market
Just Added
Property Lead Type:
Must-SellHigh Equity
Highlights
Interior
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
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
