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$401,000

NAL Estimated Property Value

914 Merritt Dr, Lockhart, TX, 78644

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,513 Sq Ft
price_per_sqft$96.83 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free-Standing Range, Water Heater
FlooringLaminate, Tile

Exterior

Exterior FeaturesNone

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN0300561-004-007-00
Lot Number7
SubdivisionSouth Park Place Sec. Iii
Land UseResidential
Legal DescriptionSOUTH PARK PLACE SEC. III, BLOCK D, LOT 7
Census Tract960300
Assessed Land Value$73,390
Assessed Improvement Value$262,380
Assessment Year2025

About this property

All brick home with 2 bedrooms, 2 full baths, living and dining area, kitchen with gas stove, tile counters and backsplash, pantry, utility area in garage, hall linen closet, master bedroom with walk in closet and walk in shower, 2 car garage with opener, open floor plan, tile entry, recessed lighting, covered patio, large yard with trees, fenced, walking distance to several schools, recent renovations to include flooring, vanity, garage doors and much more. Shown by appointment.Restrictions: Yes

Investor Tools

Property Icon
$401,000
Estimated Property Value
$0Estimated Mortgage Balance
$401,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,744
$303,006
2025
$73,390
$262,380
$335,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,744
$303,006

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$402,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
4.9%

City: Lockhart

914 Merritt Dr | Property Details | No Agent List