$200,000
●
House -
For Sale
818 Plum ST
Lockhart, TX 78644
2 Beds
2 Baths
952 Ft²
$1,206
Est. Monthly
About This Property
Investor Opportunity in Downtown Lockhart! Sitting on a rare
0.38-acre lot, this property is full of potential. The previous
owner had planned a complete renovation and has already completed
the interior demolition, giving the next owner a head start on
bringing their vision to life. Skip the demo phase and start
building right away. Whether you're looking to renovate and flip,
create a rental property, or design your dream home, this oversized
lot offers endless possibilities. Conveniently located just minutes
from Lockhart's historic downtown square, shopping, restaurants,
and schools. Property is being sold as-is. Buyer to verify all
information and perform their own due diligence.
Unit Size
952 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$210
Property Type
House
Property Taxes
$223
HOA Dues
-
Year Built
1945
Listed By
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Cap Rate
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: 3 months ago (Unlock MLS #ACT6617717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Listed by Ideal Realty | $200,000 | |
| Listed by Ideal Realty | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Listed by Countywide Realty | $195,000 | |
| Listed by Countywide Realty | |||
   | |||
|
Ideal Fixer Upper in older established neighborhood near several schools and walking distance to downtown Lockhart. This 2/2 home built in the 1940's sits on large third of acre lot with huge trees, fenced yard, detached carport, and 1 car attached carport or back porch. Could make good renta property or build your dream home on this lot. Home sold "AS IS"
| |||
Property Highlights
With View
Parking Details
Has Carport
Parking Features: Detached Carport
Interior Details
Full Bathrooms: 2
Interior Features: Primary Bedroom on Main
Appliances: None
Flooring Type: See Remarks
Exterior Details
Square Footage: 952
Square Footage Source: $0
Green Sustainability
Property Condition: Tear Down
Year Built Source: Public Records
Year Built: 1945
Waterfront Features: None
Levels: One
Other Structures: Outbuilding
Window Features: None
Construction Materials: Frame
Patio and Porch Features: Front Porch
Pool Features: None
Lot Features: Back Yard, Wooded
Lot Size Area: 16766.24
Lot Size Units: Square Feet
Lot Size Acres: 0.3849
Lot Size Square Feet: 16766.24
Water Source: Public
Financial Details
Tax Map Number: 4
Tax Assessed Value: $215,360
Tax Annual Amount: $2,679
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
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Listed by: LILIANA POSADA ESTRADA
Listed Office: Ideal Realty - Listing courtesy of Unlock MLS
Phone: (512) 800-0507
Last Updated: 2026-07-17 04:07:24
Data Source: Unlock MLS, MLS# ACT6617717
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Ideal Realty - Listing courtesy of Unlock MLS
Phone: (512) 800-0507
Last Updated: 2026-07-17 04:07:24
Data Source: Unlock MLS, MLS# ACT6617717
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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Phone: 425-283-2930
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