523 S Rio Grande ST, Lockhart, TX — photo 1
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$148,900
3 beds2 baths1,103 sqft

523 S Rio Grande ST, Lockhart TX 78644

MLS #247914776 · Bell & Associates · Karen Bell

Residential
Built in 1935
0.15 Acres Lot
$135/sqft

About this home

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.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1935
Full baths
2
Lot size
0.1462
Subdivision
Mathis
MLS area
CC
MLS #
247914776

Features

Interior features

  • See Remarks

Exterior features

  • No Exterior Steps

Additional details

Parking
Off Street
Garage spaces
0
Roof
Shingle
Foundation
Pillar/Post/Pier
Annual tax
$3,089

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Schools

Assigned schools per the MLS.

School district
Lockhart ISD
Elementary
Clear Fork
Middle
Lockhart
High
Lockhart

See Lockhart ISD schools & boundaries →

Comparable homes near 523 S Rio Grande ST

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
27.1 mi
Austin-Bergstrom Airport
22 mi

Straight-line distance, not drive time.

Market insights

Compared with 230 active homes in ZIP 78644 · HomeLocating listings

Area median price
$322,492.5
This home vs. median
54% below
Homes with a price cut
53%

At $148,900, this home is priced 54% below the $322,492.5 median across 230 active homes in ZIP 78644.

Estimated monthly payment

$1,072/mo
Principal & interest$753/mo
Property taxes
Home insurance (est.)

Home price

$148,900

Down payment

20% ($29,780)

Loan details

30-yr fixed, 6.50%

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Listing courtesy of Bell & Associates · Karen Bell

Listing data last updated Oct 6, 2026, 11:46 AM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided 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. © 2026 HomeLocating.com.

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