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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% |
Investment property for sale in Lockhart at 211 Summerside Ave, Lockhart, TX, 78644 listed at $249,800 pairs $2,093/mo rent with a $1,223/mo payment to leave $316/mo cash flow. Total monthly income runs $2,093/mo, and annual cash flow reaches $3,795/yr on $82,809 cash to close. Return on cash invested measures 24.49% in year one, and rental yield registers 10.05% at a $249,800 basis. Equity gained on principal adds $1,612/yr, and annual property appreciation at 5% supports $69,015 by year five. Five-year ROI tracks 128.68% and total cumulative return in cash totals $106,555. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,093/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
5,749 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 |
|---|---|---|
| 2025-10-01 | Listing removed | $249,900 |
| 2025-09-15 | Pending sale | $249,900 |
| 2025-09-05 | Contingent | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-18 | N/A | N/A | $245,150 | 2.21% |
| 2024-10-18 | $3819.39 | 16.33% | $239,848 | 10.00% |
| 2023-10-18 | $3283.30 | -17.83% | $218,044 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
