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$381,360

NAL Estimated Property Value

659 Political Rd, Lockhart, TX, 78644

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,280 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$113.99 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size4.14 acres

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN0100844-000-004-00
Lot Number4
SubdivisionIndian Ridge Sub
Land UseResidential
Legal DescriptionINDIAN RIDGE SUB, LOT 4, ACRES 4.14, LABEL1 NTA1279309 / NTA1279310, SN1 DSDAL39565A, SN2 DSDAL39565B
Census Tract960502
Assessed Land Value$205,350
Assessed Improvement Value$176,010
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED-Deadline for best and final is Wednesday at 12 PM*Great 4+ acre property with TONS of potential near Lockhart. Amazing sunset views from nearly every room & outdoor deck. Nice sloping property with small tank, picnic area, park like trees & charming views!! Come enjoy the country life only 45 minutes from downtown Austin. Large spacious home ready for your updates!! 4 bedrooms plus 2 living areas with an enclosed study. Open spacious kitchen with island & dining area. Indoor utilities in laundry room. 4 bedrooms w/ MIL plan. Large shipping/storage container conveys. Level acreage has been well maintained and mowed regularly. Home needs work and is being sold AS-IS

Investor Tools

Property Icon
$381,360
Estimated Property Value
$249,279Estimated Mortgage Balance
$132,444Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,288 /month
Positive
Cash Flow Estimate:
$763 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,806
$381,360
2025
$205,350
$176,010
$381,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,806
$381,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$250,000
No
First
Feb 7, 2026
Mar 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,279
$132,081
34%
65%
$1,499/mo

City: Lockhart

659 Political Rd | Property Details | No Agent List