See Home Value
Caldwell 78616
480 Grandpa RD
$750,000
● Mobile Manufactured - Off Market

480 Grandpa RD

Lockhart, TX 78644
bedrooms
4 Beds
bathrooms
2 Baths
square feet
4,561 Ft²
$4,038
Est. Monthly

About This Property

Tucked away on 36.86 acres in Lockhart, Texas, this versatile multi-generational homestead property offers exceptional flexibility with over $250,000 in upgrades and four separate structures, making it ideal for homesteading, livestock, rental income, or a private rural retreat just outside of Austin.

The property features a 2,061 sq ft manufactured home, only 2 years old, with 4 bedrooms and 2 bathrooms, along with a 40' x 20' covered outdoor kitchen designed for entertaining and everyday country living. A 1,200 sq ft workshop includes heating and cooling, foam insulation, a commercial sink, and a full bath, offering the perfect setup for a business, hobby space, or equipment storage.

Additional living spaces include a 1940-built cabin with 1.5 bedrooms and a full bath, as well as a newer duplex with two units, each equipped with kitchen facilities, full bath, and washer and dryer connections, providing excellent potential for guest housing, rental income, or multi-family living.

The land is thoughtfully improved with cross fencing for livestock, a corral, open pasture, mature trees, and a fishing pond, supporting a true Texas homestead lifestyle. Wildlife such as deer, dove, turkey, and hogs are commonly seen across the property. A quarter-mile crushed concrete road, multiple water outlets, and an 8-car carport add convenience and functionality.

This rare acreage property combines privacy, infrastructure, and income potential in one unique offering in growing Lockhart, Texas.
Unit Size
4,561 Ft²
Days on Market
-
Land Size
36.86 acres
Price per sqft
$164
Property Type
Mobile Manufactured
Property Taxes
$355
HOA Dues
-
Year Built
1940

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Last updated: 5 months ago (Unlock MLS #ACT6858554)

Price History

Date / Event Date Event Price
Apr 17, 2026 In contract -
In contract
Mar 24, 2026 Listed by Christie's Int'l Real Estate $750,000
Listed by Christie's Int'l Real Estate
Jan 21, 2026 Withdrawn -
Withdrawn
Dec 17, 2025 Price Decreased $800,000
↓ $25K (3%)
Price Decreased
Sep 25, 2025 Price Decreased $825,000
↓ $25K (2.9%)
Price Decreased
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Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 8
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 370
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,605,752
  • Lot Size Frontage Feet: 0
  • Total Building Area: 404
  • Building Area: 404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 14
  • Heated Square Feet: 404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONNELL, SAMPSON
  • Land Acres: 0000036863
  • Standard Land Use Code: 1008
  • County Land Use Code: E
  • Legal Description 1: A063 CONNELL, SAMPSON, ACRES 36.863

Neighborhood

  • School District Name: Lockhart Independent School District
  • School Tax School District: SLH
  • Census Tract: 960103

Geography

  • Account Number: 10604
  • Parcel: 0100063-123-000-00
  • Municipality: LOCKHART
  • Latitude: 29.9899
  • Longitude: -97.6464

    Address

  • Full Address: 480 Grandpa Rd
  • Address - House Number: 480
  • Address - Street Name: Grandpa
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Lockhart
  • Carrier Code: R002
  • 4-Digit Zip Code: 2282
  • Zip Code: 78644

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $219,708
  • Tax Rate Code Area: CHES1 FTM

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 729,875
  • High Value: 905,168
  • Low Value: 554,582

    Market Valuation

  • Market Total Value: $992,720
  • Market Land Value: $803,580
  • Market Improvement Value: $189,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,669
  • Assessed Land Value: $31,720
  • Assessed Improvements Value: $189,140

    Exemptions

  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Caldwell


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Nearby Rentals

Unit for rent at 301 Whitetail Ln, Dale, TX, 78616

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
301 Whitetail Ln, Dale, TX, 78616 Listing by Skyler Harmon


Frequently Asked Questions

When was property at 480 Grandpa Road built and last sold?
The property at 480 Grandpa Road was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 480 Grandpa Road is $755,768.
What are some comparable homes to 480 Grandpa Road?
There are currently no comparable homes to 480 Grandpa Road.