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523 S Rio Grande St 9271067Edit search
ActiveMLS #9271067

523 S Rio Grande ST, Lockhart TX 78644

Lockhart, TX 78644 · Mathis

Single Family Residence for sale in Mathis

3Bedrooms
2Bathrooms
1,103Square Ft
0.15Acres
0Garage
1935Year Built
1 / 16
$148,900

Overview

Property Description

Discover a unique opportunity in Lockhart, where potential meets prime location. This property presents an exceptional investment, thoughtfully priced to accommodate your vision and creativity. With a spacious layout that includes a second kitchen and bath, complete with a private entrance, this home offers unparalleled flexibility. Imagine the possibilities for extended family living, a dedicated student space, or a private retreat for an aging parent, all while maintaining close proximity to loved ones. The recent updates to both the roof and AC provide peace of mind, ensuring comfort and efficiency. Outside, a shaded, fenced yard offers a serene environment for relaxation and outdoor enjoyment, complemented by a conveniently located laundry room just off the back porch. Situated for effortless access to local schools, this residence is perfectly positioned for families. This truly is an investor's dream, ready for transformation into a lucrative rental or a cherished family abode. Independence Title has already opened title for a swift and seamless closing process.

Financial Info
Price
$148,900
$ / Sqft
$135
HOA
None
Tax Rate
2.1341%
Est. Taxes
$31,954
Tax Year
2025
Exemptions
None
Legal Info
Address
523 S Rio Grande ST
County
Caldwell
City
Lockhart
State
TX
Zip
78644
Subdivision
Mathis
Legal Description
MATHIS, BLOCK 1, LOT PT 1,2
Parcel
030054100100110
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Appliances
Range, Refrigerator
Laundry
Laundry Room, Main Level
Master Main
Yes
Interior Features
See Remarks, None
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1935 / Resale
Square Feet
1,103 / Public Records
Garage Desc
Off Street
Foundation
Pillar/Post/Pier
Roof
Shingle
Construction
Frame
Acres
0.15
Lot Description
Back Yard, City Lot, Few Trees, Front Yard, Public Maintained Road
Restrictions
City Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
CC
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air, Electric
Exterior Features
Fence
Back Yard
Exterior Features
No Exterior Steps, Covered, Front Porch
Pool On Property
No
Area Amenities
See Remarks

Price history

Members only
Days on market
$148,900
List price
0
Price reductions
Active
Since Feb 25, 2026
Property history1 event
DateEventPriceChange
Feb 25, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Lockhart ISD
Elementary
Clear Fork
Middle
Lockhart
High
Lockhart

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $148,900
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,540 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,540

Principal & interest
$753
Property taxes
$2,663
Homeowners insurance
$124

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$119,120$1,331$7,704$117,789
2$117,789$1,421$7,614$116,368
3$116,368$1,516$7,519$114,852
4$114,852$1,617$7,418$113,235
5$113,235$1,726$7,309$111,509
6$111,509$1,841$7,194$109,668
7$109,668$1,964$7,071$107,704
8$107,704$2,096$6,939$105,608
9$105,608$2,236$6,799$103,371
10$103,371$2,386$6,649$100,985
  • Year 1$117,789
    Principal paid
    $1,331
    Interest paid
    $7,704
    Starting balance
    $119,120
  • Year 2$116,368
    Principal paid
    $1,421
    Interest paid
    $7,614
    Starting balance
    $117,789
  • Year 3$114,852
    Principal paid
    $1,516
    Interest paid
    $7,519
    Starting balance
    $116,368
  • Year 4$113,235
    Principal paid
    $1,617
    Interest paid
    $7,418
    Starting balance
    $114,852
  • Year 5$111,509
    Principal paid
    $1,726
    Interest paid
    $7,309
    Starting balance
    $113,235
  • Year 6$109,668
    Principal paid
    $1,841
    Interest paid
    $7,194
    Starting balance
    $111,509
  • Year 7$107,704
    Principal paid
    $1,964
    Interest paid
    $7,071
    Starting balance
    $109,668
  • Year 8$105,608
    Principal paid
    $2,096
    Interest paid
    $6,939
    Starting balance
    $107,704
  • Year 9$103,371
    Principal paid
    $2,236
    Interest paid
    $6,799
    Starting balance
    $105,608
  • Year 10$100,985
    Principal paid
    $2,386
    Interest paid
    $6,649
    Starting balance
    $103,371
First 10 of 30 years

Nearby

Courtesy of Bell & Associates · (830) 875-9081

Listings courtesy of ACTRIS as distributed by MLS GRID.