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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lockhart at 1011 Plum St, Lockhart, TX, 78644 generates $2,022/mo in rent, after a $1,543/mo payment. Total monthly income is $2,022/mo. Return on cash invested sits at 17.38% in year one, and rental yield is 7.7% on a $315,300 entry. Equity gained on principal adds $2,035/yr, while 5% annual appreciation builds toward $87,112 over five years. Five-year ROI reaches 90.55% and total cumulative return in cash sums $94,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,022/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78644, Lockhart, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 5,615 (64.4%) |
| Renter Occupied HU | 2,384 (27.3%) |
| Vacant Housing Units | 725 ( 8.3%) |
| Median Home Value | $234,543 |
| Average Home Value | $282,891 |
Residential
8,067
Single Family
7,406
Multi-Family
661
Businesses
755
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Listing removed | $330,000 |
| 2025-07-09 | Price change | $330,000 |
| 2025-05-02 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-10 | N/A | N/A | $268,923 | 10.00% |
| 2024-10-10 | $4015.10 | 15.82% | $244,475 | 10.00% |
| 2023-10-10 | $3466.56 | -17.43% | $222,250 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
