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1403 East Martin Luther King Junior Industrial Boulevard

1403 East Martin Luther King Junior Industrial Boulevard, Lockhart, TX 78644
Commercial in Lockhart
Local assessors in Lockhart, TX have categorized 1403 East Martin Luther King Junior Industrial Boulevard as a industrial type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 394,959 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Georgian style. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1403 East Martin Luther King Junior Industrial Boulevard has a total of 35,036 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a mansard style roof. Lots of metal were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Prior to that sales transaction, the property was sold for $2,500,000 in Aug 16, 2010. Current property owners are expected to pay $43,212 in taxes per year. The property on 1403 East Martin Luther King Junior Industrial Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,171,150. To break that down further, the land itself was valued at $508,190. While improvements to the property were assessed at a total of $1,662,960. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181231
12/31/2018
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Amelia Smith
Countywide Realty, LP

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Style: Georgian
  • Exterior Walls Type: Metal
  • Roof Shape Type: Mansard
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 394,959
  • Lot Size Frontage Feet: 0
  • Total Building Area: 35,036
  • Gross Building Area: 35,036
  • Building Area: 35,036
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 35,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Industrial
  • Subdivision: GEORGE, JAMES
  • Land Acres: 9.067
  • Standard Land Use Code: Industrial (general)
  • Legal Description 1: A009 GEORGE, JAMES, ACRES 9.067

Ownership

  • Current Owner : DGG LAND HOLDIGS LLC
  • Previous Owner : DGG GROUP LLC
  • Owner Before Previous Owner: GLADDERS GOURMET COOKIES INC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lockhart Independent School District
  • School Tax School District: SLH WPC WUG
  • Census Tract: 960200

Geography

  • Account Number: 34560
  • Parcel: 0300009-061-060-00
  • Municipality: LOCKHART
  • Latitude: 29.8697
  • Longitude: -97.6556

    Address

  • Full Address: 1403 E Mlk Jr Industrial Blvd
  • Address - House Number: 1403
  • Street Direction: E
  • Address - Street Name: Mlk Jr Industrial
  • Address - Suffix Type: Blvd
  • State: TX
  • City Name: Lockhart
  • Carrier Code: R005
  • 4-Digit Zip Code: 3701
  • Zip Code: 78644

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $43,212
  • Tax Rate Code Area: CLH FTM GC

    Market Valuation

  • Market Total Value: $2,171,150
  • Market Land Value: $508,190
  • Market Improvement Value: $1,662,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,171,150
  • Assessed Land Value: $508,190
  • Assessed Improvements Value: $1,662,960

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Transaction ID: 11791862224
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-005577
  • Previous Sale Recording Date: Aug 16, 2011
  • Previous Sale Contract Date: Aug 16, 2010
  • Previous Sale Amount: $2,500,000
  • Previous Sale Document Type: Vendor's Lien

    Previous Mortgages

  • Previous Mortgage Lender: GLADDERS GOURMET COOKIES INC
  • Previous Mortgage Transaction Date: Aug 16, 2011
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Lockhart



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Unit for rent at 499 W San Antonio, Lockhart, TX, 78644

$615 /mo

  • 1 Bed
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Frequently Asked Questions

What neighborhood is 1403 East Martin Luther King Junior Industrial Boulevard located in?
The 1403 East Martin Luther King Junior Industrial Boulevard is a commercial located in the neighborhood of Lockhart in Lockhart, Lockhart.
What is the average sales price for listings in 1403 East Martin Luther King Junior Industrial Boulevard?
The average sales price for units in 1403 East Martin Luther King Junior Industrial Boulevard is $0 currently.

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