Nice residential lot near downtown Lockhart. This 0.56 Acre lot is heavily treed with some cleared area and a nice spring-fed creek towards the back. The lot is approximately 98 feet wide by 250 feet deep (per surveyor). This property does sit within the 100-year floodplain, but is buildable per the city (buyer to verify). There is a park across the street and Kruez BBQ and Black's BBQ are very close by. Many retail shops, professional businesses, and restaurants are located nearby in Lockhart's thriving Historic downtown square (approximately 4 blocks away).
Property Details
Property Features
Listing Office:
Office Name: Link Realty, LLC
Office Phone: (512) 376-9903
Listing Agent: Patrick Davis
Exterior Features
Exterior Information:
View: Creek/Stream
Exterior: Fence
Lot Features
Lot Information:
Lot: Waterfront
Lot Size: 0.56 Acres
Other
Directions Information:
Directions: From San Marcos take Hwy 80 to Martindale, Left on Hwy 142 to Lockhart. Left on Commerce St, go apprx 4 blocks to lot on left, just before you get to the train tracks. Across the street from the park.
Price Information
Listing Price Info
Price Summary:
List Price: $135,000
Tax Information:
Annual Amount: $1,198
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lockhart, TX.
Last updated on: 12/22/2024, 8:16:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,198
$65,800
2020
-
$46,950
2019
-
$42,700
2018
$742
$25,900
2017
$275
$9,550
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$741
Per Month
Principal & Interest
$674
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$471
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Clear Fork Elementary School
1102 Clearfork St
Distance between this listing and this school0.80 miles
Public District Grades KG-5
4
/10
Navarro Elementary School
715 S Medina St
Distance between this listing and this school0.82 miles
Public District Grades KG-5
5
/10
Plum Creek Elementary School
710 Flores St
Distance between this listing and this school0.83 miles
Public District Grades KG-5
Nearby Schools
3
/10
Lockhart Junior High School
500 City Line Rd
Distance between this listing and this school1.89 miles
Public District Grades 6-8
3
/10
Simon Middle School
3839 E FM 150
Distance between this listing and this school10.45 miles
Public District Grades 6-8
5
/10
Chapa Middle School
3311 Dacy Ln
Distance between this listing and this school13.70 miles
Public District Grades 6-8
Nearby Schools
1
/10
Lockhart Pride High School
500 N Pecos St
Distance between this listing and this school0.62 miles
Public District Grades 10-12
2
/10
Lockhart High School
1 Lion Country Dr
Distance between this listing and this school0.69 miles
Public District Grades 9-12
4
/10
The Excel Center for Adults - Lockhart
1400 E Mlk Jr Industrial Blvd
Distance between this listing and this school1.31 miles
The neighbors living near this home have an average income of $20,667. The most common annual income of people living in Lockhart, TX is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 505 N Commerce St
What is the listing price of this property?
The listing price of 505 N Commerce St property is $135,000.
What type of property is this?
The property 505 N Commerce St is land located in Lockhart, Texas, 78644.
Is this property for sale now?
Active Listing: 505 N Commerce St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,198 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 505 N Commerce St in Lockhart, TX and zip code 78644. This home sits on a 0.56 acre lot. It has been listed on Rocket Homes since June 09, 2024 and is currently priced at $135,000.
Over 1 listings were sold over their listed price in November 2024 in Lockhart, TX. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Lockhart, TX decreased by 1.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $300,000, while the average time on the real estate market was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The 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. ©2024 Central Texas MLS, All Rights Reserved.
NASCAR
NASCAR
Extreme Sports
Figure Skating
Dollar General
Academy Sports & Outdoors
Kmart
Cracker Barrel
Little Caesars
Bob Evans
Ram
Chevrolet
Buick
Classic Country
Oldies