








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 3920 Melody Rd, Lockhart, TX, 78644 earns from $2,550/mo rent with a $1,830/mo payment. Total monthly income totals $2,550/mo. ROI tracks 18.21% on current figures, and rental yield reads 8.18% at a $373,900 purchase. Equity gained on principal adds $2,413/yr, and 5% annual appreciation supports $103,302 over five years. Five-year ROI reaches 95.18% and total cumulative return in cash sums $117,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,550/mo property income instead of your personal income.
Single Family
Built in 2025
5,876 sqft lot
$N/A/sqft
$800 annually 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 |
|---|---|---|
| 2025-10-23 | Price change | $373,900 |
| 2025-09-15 | Price change | $374,900 |
| 2025-08-28 | Price change | $394,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lee Jones • Perry Homes Realty, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #2628709
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-10-27 02:21:21 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)