805 Center St. Lockhart, TX 78644
MULTI_FAMILY - Lockhart, TX
- Added:
- Feb 28, 2026
- Days on Market:
- 133
- Last Refresh:
- Jul 11 at 6:06 am
Property Features for 805 Center St.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Parking features
- Carport
- Standard status
- Active
- Size
- 1,936 SF
- Lot size
- 0.27 Acres
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Slab Foundation
- Roof type
- Composition
Listing agent Traci Baucum License #0472465 (361) 445-5281
Listing office KEY ALLEGRO REAL ESTATE 1798 BAYSHORE DRIVE, Rockport, TX (361) 729-3691
Listing date Feb 28, 2026
Copyright © 2026 Rockport Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Completely renovated 2 bed/1 bath duplex with 968 sq. ft., located across from Lockhart High School
- New luxury vinyl tile floors, fresh paint, and brand new kitchen appliances
- Brand new energy‑efficient HVAC and water heater, plus new windows and window shades
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.8k | $25.20 |
| − Vacancy | −$2.4k | −$1.24 |
| EGI | $46.4k | $23.96 |
| − OpEx | −$13.9k | −$7.19 |
| NOI | $32.5k | $16.77 |
