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$501,090

NAL Estimated Property Value

850 Oil Field Rd, Lockhart, TX, 78644

$651,417 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,016 Sq Ft
price_per_sqft$156.25 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Range, Refrigerator, Washer
FlooringLaminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size15.65 acres

Building Information

Year Built2007
Stories1
Garage Spaces4

Land Information

APN0200264-122-040-00
SubdivisionSpillers, William
Land UseResidential
Legal DescriptionA264 SPILLERS, WILLIAM, TRACT 4, ACRES 15.649, COLONY RANCHES, LABEL1 HWC0382051, SN1 CW2011253TXA COLONY RANCHES
Census Tract960102
Assessed Land Value$333,660
Assessed Improvement Value$167,430
Assessment Year2025

About this property

Whether you are an equestrian looking for a horse property to express your art, or someone who wants to enjoy the luxuries of living on over 15 private acres of healthy, beautiful earth within an hour of Austin- you have just stumbled on to the PERFECT home for you. Your prosperous days here will be filled with the sounds of nature; the rustling of trees, howling of the wind, the birds singing... Your enchanting nights will be enriched as you look up in awe of the starry spectacle. This manufactured home is "tied to the property", making any loan type a possibility. Your home has been well maintained and cared for. Featuring, 3 bedrooms, an office/studio space, glowing natural light that radiates through every room, 2 full bathrooms, 2 living rooms, a stone fireplace, no carpet, a large metal storage unit ("red barn") and over 2000 sqft of country living, deep in the heart of Texas. Your entire property is ~90% fenced. Your home is fully equipped with all utilities; including high speed internet, electricity, private septic system, a private well, and a whole home water filtration system. Relax on your back porch as kids or pets run free in the~1.6 acre fenced backyard. Various portions of your property are cleared and act as a blank canvas for any of your farming, gardening or expansion dreams. Large portions of your property are untouched and can be cleared or left alone as desired. Your property affords the possible manifestation, of any vision.

Investor Tools

Property Icon
$501,090
Estimated Property Value
$294,205Estimated Mortgage Balance
$208,020Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$651,417
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,007 /month
Positive
Cash Flow Estimate:
$1,002 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,693
$501,090
2025
$333,660
$167,430
$501,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,693
$501,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$324,022
Yes
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,205
$206,885
41%
59%
$1,943/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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850 Oil Field Rd | Property Details | No Agent List