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PendingMLS #3406265

181 Lockwood RD, Red Rock TX 78662

Red Rock, TX 78662 · McElwreath Properties

Manufactured Home for sale in McElwreath Properties

4Bedrooms
2Bathrooms
2,265Square Ft
20.00Acres
0Garage
2007Year Built
1 / 32
$497,000$598,000
3D tour

Overview

Property Description

Welcome to your own private forest. 20 acres of mature trees with meandering trails cleared to enjoy nature and tranquility. Property is 100% fenced. Situated towards the center of the property is a manufactured home built in 2007. The 2,265 square foot home has room for a large family. This home has 4 bedrooms, 2 bathrooms, an office located off the primary suite, 2 living areas and a large laundry room. The property also has a workshop perfect for one's hobbies.

Financial Info
Price
$497,000
$ / Sqft
$219
HOA
None
Tax Rate
1.55%
Est. Taxes
$7,893
Tax Year
2025
Exemptions
Homestead, Over 65
Legal Info
Address
181 Lockwood RD
County
Bastrop
City
Red Rock
State
TX
Zip
78662
Subdivision
McElwreath Properties
Legal Description
Lot 2, 20 acres
Parcel
33038
Interior Features
Floor
Carpet, Laminate
Num Living
2
Dining
1
Kitchen
Breakfast Bar, Kitchen Island
Appliances
Dishwasher, Electric Range, Microwave, Washer/Dryer, Electric Water Heater
Laundry
Inside, Laundry Room
Master Bed
Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room
Interior Features
Bookcases, Breakfast Bar, Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, Kitchen Island, Multiple Living Areas, Walk-In Closet(s), Washer Hookup, See Remarks
General Info
Beds
4 Total / 4 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Manufactured Home
Stories
1
Year Built
2007 / Resale
Square Feet
2,265 / Public Records
Garage Desc
Driveway
Foundation
See Remarks
Roof
Shingle
Construction
HardiPlank Type
Acres
20.00
Lot Description
Native Plants, Trees-Heavy, Trees-Large (Over 40 Ft)
Restrictions
See Remarks
Flood Plain
No
View
Trees/Woods
Water Access
No
Waterfront
No
Area
BA
Utility Info
Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Water Connected
Heat
Central, Electric
A C
Central Air, Electric
Exterior Features
Fence
Livestock, Perimeter
Exterior Features
Private Yard, Covered, Deck, Porch, Rear Porch, Side Porch
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$101,000 (−16.9%)
$598,000 → $497,000
3
Price reductions
Pending
Since Sep 27, 2025
Price trend
List priceSep 2025Aug 2026
Property history6 events
DateEventPriceChange
Aug 25, 2026Pending
Aug 18, 2026Active Under Contract
Aug 10, 2026Price Decrease$497,000−$28,000 (−5.3%)
Apr 9, 2026Price Decrease$525,000−$50,000 (−8.7%)
Dec 15, 2025Price Decrease$575,000−$23,000 (−3.8%)
Sep 27, 2025New Listing

Taxes

General Information
Owner
DUNN, WILLIAM G
Legal
MCELWREATH PROPERTIES, LOT 2, ACRES 20.0000
Geo ID
33038
Acreage
20.00
Exemptions
Exemption Type
Over 65 Homestead Local Option, Homestead, Over 65
Taxing Units
T1
BASTROP COUNTY
T2
BASTROP ISD
T4
BASTROP COUNTY EMERGENCY SVC DIST #1
T6
BASTROP COUNTY EMERGENCY SVC DIST #3
T7
COUNTY ROAD FM
Tax Summary
MLS estimated annual taxes
$7,893
MLS tax year
2025
CAD estimated taxes
$1,049.50
CAD source year
2026
Appraisal Values
YearLandImprovementsMarketAppraisedAssessed
2026$370,000$10,838$380,838$380,838$203,517
Assessments
CappedTaxableAssessedLand HSImp HSCAD Est. TaxTaxing Unit
$203,517$187,550$549.82BASTROP COUNTY
$203,517$75,782$0.00BASTROP ISD
$203,517$203,517$172.75BASTROP COUNTY EMERGENCY SVC DIST #1
$203,517$203,517$203.52BASTROP COUNTY EMERGENCY SVC DIST #3
$203,517$187,550$123.41COUNTY ROAD FM

Disclaimer: Tax data provided by Bastrop Central Appraisal District (2026 Bastrop CAD external export (supplied snapshot; source year not labeled)).

Schools

School Info
District
Bastrop ISD
Elementary
Bluebonnet (Bastrop ISD)
Middle
Cedar Creek
High
Cedar Creek

Maps

Financing

Your preferences

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

Saved on this device

List price $497,000
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

$3,585 / mo

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

Estimated monthly payment $3,585

Principal & interest
$2,513
Property taxes
$658
Homeowners insurance
$414

*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$397,600$4,444$25,713$393,156
2$393,156$4,742$25,416$388,414
3$388,414$5,059$25,098$383,355
4$383,355$5,398$24,759$377,957
5$377,957$5,760$24,398$372,197
6$372,197$6,145$24,012$366,052
7$366,052$6,557$23,600$359,495
8$359,495$6,996$23,161$352,499
9$352,499$7,465$22,693$345,034
10$345,034$7,964$22,193$337,070
  • Year 1$393,156
    Principal paid
    $4,444
    Interest paid
    $25,713
    Starting balance
    $397,600
  • Year 2$388,414
    Principal paid
    $4,742
    Interest paid
    $25,416
    Starting balance
    $393,156
  • Year 3$383,355
    Principal paid
    $5,059
    Interest paid
    $25,098
    Starting balance
    $388,414
  • Year 4$377,957
    Principal paid
    $5,398
    Interest paid
    $24,759
    Starting balance
    $383,355
  • Year 5$372,197
    Principal paid
    $5,760
    Interest paid
    $24,398
    Starting balance
    $377,957
  • Year 6$366,052
    Principal paid
    $6,145
    Interest paid
    $24,012
    Starting balance
    $372,197
  • Year 7$359,495
    Principal paid
    $6,557
    Interest paid
    $23,600
    Starting balance
    $366,052
  • Year 8$352,499
    Principal paid
    $6,996
    Interest paid
    $23,161
    Starting balance
    $359,495
  • Year 9$345,034
    Principal paid
    $7,465
    Interest paid
    $22,693
    Starting balance
    $352,499
  • Year 10$337,070
    Principal paid
    $7,964
    Interest paid
    $22,193
    Starting balance
    $345,034
First 10 of 30 years

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Courtesy of Realty Solutions · (512) 868-7631

Listings courtesy of ACTRIS as distributed by MLS GRID.