$199,800
285 Political Rd, Lockhart, TX, 78644
On Market
Just Added
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
About this property
Corner Lot, No Deed Restrictions, No Flood Plain. Water, Electricity, LPD Septic & Driveway included on all lots. The 2 corner lots, 4-A & 4-G, will sell in cash or bank loan only. Lots 4-B to 4-F have owner financing available. 30K down payment, 10%, 20 year term. Conveniently located approximately 8 minutes from Lockhart and 20 minutes from San Marcos. Located minutes away from Resorts and Camps along San Marcos River and Lockhart State Park.
Investor Tools
$0Estimated Mortgage Balance
$300,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$562
$35,510
2025
N/A
$35,510
$35,510
No
Tax History
Year
Tax Paid
Assessed Value
2025
$562
$35,510
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$300,000
100%
0%
$0/mo
