$140,000
●
House -
For Sale
803 Third ST
Lockhart, TX 78644
3 Beds
1 Bath
1,176 Ft²
$909
Est. Monthly
About This Property
Great opportunity in the heart of Lockhart! This 3-bedroom, 1-bath
home sits on 2 lots and offers plenty of potential for the right
buyer. Whether you're an investor, flipper, or buyer looking to
customize a home to your own taste, this property is ready for your
vision. The layout features a living area, kitchen, and dining
space, along with a 1-car carport and a fenced backyard - great for
pets, kids, or outdoor entertaining. The home needs some work but
the bones are there, and the value is undeniable. As an added
bonus, an additional corner lot adjacent to the property is
available for sale separately, offering even more opportunity to
expand, build, or invest. Located close to Lockhart's
historic downtown square, you'll enjoy easy access to world-famous
BBQ, local shops, dining, and all the charm that makes Lockhart one
of Central Texas's most beloved and fastest-growing
communities.
Priced with potential in mind. Don't miss this chance to get into a growing market! Verify Schools.
Priced with potential in mind. Don't miss this chance to get into a growing market! Verify Schools.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$119
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1935
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Unlock MLS #ACT6522170)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2026 | Listed by Countywide Realty | $140,000 | |
| Listed by Countywide Realty | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Outside
Interior Details
Full Bathrooms: 1
Interior Features: See Remarks
Appliances: None
Flooring Type: Linoleum, No Carpet
Exterior Details
Square Footage: 1176
Square Footage Source: $0
Green Sustainability
Property Condition: See Remarks
Year Built Source: Public Records
Year Built: 1935
Waterfront Features: None
Levels: One
Other Structures: None
Window Features: None
Construction Materials: Asbestos
Patio and Porch Features: Porch
Pool Features: None
Lot Features: Back Yard, Few Trees, Front Yard, Interior Lot, Level, Public Maintained Road
Lot Size Area: 6534
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Lot Size Dimensions: 80 x 80
Water Source: Public
Financial Details
Tax Map Number: 11, 12
Tax Assessed Value: $122,300
Tax Annual Amount: $2,650
Utilities Details
Cooling Type: None
Heating Type: None
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lockhart
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Irene Yanez
Listed Office: Countywide Realty - Listing courtesy of Unlock MLS
Phone: (512) 398-7148
Last Updated: 2026-05-28 04:22:48
Data Source: Unlock MLS, MLS# ACT6522170
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Countywide Realty - Listing courtesy of Unlock MLS
Phone: (512) 398-7148
Last Updated: 2026-05-28 04:22:48
Data Source: Unlock MLS, MLS# ACT6522170
Based on information from Unlock MLS (alternatively, from ACTRIS). 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.
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