Last 24 Hours
$139,257
NAL Estimated Property Value905 Luanne Ln, Lockhart, TX, 78644
Off Market
3 Beds
2 Bath
1,089 Sq Ft
$109.27 / sqft
Built in 1975Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingAppliancesFree-Standing Gas Range
FlooringLaminate, Vinyl, Wood
Exterior
Exterior FeaturesNone
Lot Size8,259 sqft
Building Information
Year Built1975
Stories1
Garage Spaces1
Land Information
APN0300516-001-003-00
Lot Number3
SubdivisionCluster Oaks
Land UseResidential
Legal DescriptionCLUSTER OAKS, LOT 3
Census Tract960200
Assessed Land Value$82,500
Assessed Improvement Value$151,470
Assessment Year2025
About this property
Investment opportunity! As-is. Home is in need of full remodel but has great bones. The garage has been turned into an extra bedroom with its own front entrance but can be turned back into a garage if wanted. Outside shed and refrigerator do not convey.
Investor Tools
$139,257
Estimated Property Value
$26,998Estimated Mortgage Balance
$112,650Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$836 /month
Positive
Cash Flow Estimate:
$279 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,059
$139,257
2025
$82,500
$151,470
$233,970
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,059
$139,257
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American General Financial Services Inc
Unknown
$59,707
No
First
Sep 23, 2005
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,998
$112,259
80%
19%
$358/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$358/mo
+$1,730/mo
18.0%
12.4%