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$398,000

705 Lemonmint, Lockhart, TX, 78644

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.28 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size9,426 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN0300620-006-037-00
Lot Number37
SubdivisionThe Meadows At Clear Fork
Land UseResidential
Legal DescriptionTHE MEADOWS AT CLEAR FORK, BLOCK F, LOT 37
Census Tract960300
Assessed Land Value$52,870
Assessed Improvement Value$260,730
Assessment Year2025

About this property

Gorgeous décor in this beautiful 2-story; many improvements in recent years to include updated lighting, carpet, hard tile, crown molding, paint inter/exter and expansion/addition of rear covered porch. The master shower has just been redone; quite beautiful. Sq. ft. at CAD is low; estimate of 2564 includes an added study upstairs. Four beds/guest upstairs could be another master suite as has full bath. A great floor plan and priced to sell. Some drapes do not convey; but blinds and rods will stay.Restrictions: Yes

Investor Tools

Property Icon
$398,000
Estimated Property Value
$193,500Estimated Mortgage Balance
$252,372Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,567
$313,600
2025
$52,870
$260,730
$313,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,567
$313,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank Of Uvalde
Unknown
$193,500
No
First
Jan 6, 2015
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,628
$236,372
61%
37%
$1,161/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$1,236/mo
+$1,180/mo
7.3%

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.

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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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705 Lemonmint | Property Details | No Agent List