




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lockhart at 1407 Pendergrass St, Lockhart, TX, 78644 listed at $172,300 pairs $1,913/mo rent with a $843/mo payment to leave $551/mo cash flow. Total monthly income runs $1,913/mo, and annual cash flow reaches $6,606/yr on $57,117 cash to close. Return on cash invested measures 31.48% in year one, and rental yield registers 13.32% at a $172,300 basis. Equity gained on principal adds $1,112/yr, and annual property appreciation at 5% supports $47,603 by year five. Five-year ROI tracks 167.15% and total cumulative return in cash totals $95,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,913/mo property income relative to a $843/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
7,020 sqft 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 |
|---|---|---|
| 2025-09-17 | Listing removed | $184,999 |
| 2025-09-03 | Pending sale | $184,999 |
| 2025-08-13 | Contingent | $184,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-28 | N/A | N/A | $212,780 | -4.13% |
| 2024-10-28 | $4511.60 | -2.72% | $221,940 | -4.75% |
| 2023-10-28 | $4637.79 | -4.48% | $233,020 | 10.30% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A