Renovated 2-Bed Duplex
805 Center Street, Lockhart, TX 78644
MULTI_FAMILY - Lockhart, TX
Property size:
1,936 SFLot size:
0.27 AcresPrice / SF:
$206/SF- Added:
- Feb 28, 2026
- Days on Market:
- 120
- Last Refresh:
- Jun 28 at 10:06 pm
Property Features for 805 Center Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Res
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
- Parking
- 2
- Parking features
- Carport, Covered
- Patio and Porch features
- Patio, Deck
- Interior features
- PrimaryDownstairs, CableTv, WindowTreatments, CeilingFans
- Exterior features
- Deck
- Appliances
- Dishwasher, ElectricOven, ElectricRange, FreeStandingRange, Refrigerator, Dryer, Washer
- Standard status
- Active
- APN
- 0300561-004-024-40
- Size
- 1,936 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Description
- South Park Place Sec III, Block D, Lot PT 24
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Brick, HardiplankType
- Roof type
- Shingle
Listing agent Traci Baucum License #0472465 (361) 445-5281
Listing office Key Allegro Real Estate 1798 Bay Shore, Rockport, TX (361) 729-3691
Listing date Feb 28, 2026
MLS# 472400
Listing URL
Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Completely renovated 2 bed/1 bath duplex with PrimaryDownstairs layout
- New energy‑efficient HVAC and water heater
- Brand‑new kitchen appliances include dishwasher, electric range/oven, and refrigerator; washer and dryer included
- New windows, window treatments/shades, and upgraded ceiling fans in the bedrooms
- Each unit has a fenced and separated backyard; includes an awning for shade in the front and back
- Carport included for each unit; exterior features include a deck and patio/porch
Overview
This completely renovated duplex features two-bed, one-bath units designed with updated finishes throughout. Improvements include fresh paint, new luxury vinyl tile flooring, brand new kitchen appliances, and brand new energy-efficient HVAC and water heater. The property also has new windows with window shades, upgraded bedroom fans, and added storage, including cabinets in the master bedroom and an outside storage room. Each unit includes a washer, dryer, and refrigerator. Exterior updates include newly sodded St. Augustine in the front yard, plus each unit’s back yard being separated and fenced for privacy. Awnings provide shade in both front and back yard areas, and the units share a setup that includes a front porch area and a carport for each unit.
The duplex is conveniently located across from Lockhart High School on Center Street in Lockhart, TX, in Caldwell County. The provided remarks describe the surrounding area as quiet, with nearby access to schools, grocery, and restaurants.
For buyers seeking a residential income property, the turn-key renovations and unit-level amenities—appliances and HVAC updates—support straightforward leasing and reduced near-term capital needs. The dedicated fenced yards and carports for each unit are practical features for resident convenience and day-to-day usability.
The duplex is conveniently located across from Lockhart High School on Center Street in Lockhart, TX, in Caldwell County. The provided remarks describe the surrounding area as quiet, with nearby access to schools, grocery, and restaurants.
For buyers seeking a residential income property, the turn-key renovations and unit-level amenities—appliances and HVAC updates—support straightforward leasing and reduced near-term capital needs. The dedicated fenced yards and carports for each unit are practical features for resident convenience and day-to-day usability.
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 |
1,936 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$463.8K
$405.8K – $541.1K
NOI $32,464 @ 7.0% cap · market cap 8.12%
Second Best
Apartment 5plus
$424.0K
$371.0K – $494.6K
NOI $29,677 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$809.3K
$708.1K – $944.2K
NOI $56,651 @ 7.0% cap · market cap 14.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Lockhart
- County
- Caldwell
- State
- Texas
- Longitude
- -97.676498
- Latitude
- 29.874825
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Completely renovated duplex with fenced yards, new HVAC, and updated interiors suited for residential income buyers.
Where is this duplex located?
The property is located at 805 Center Street Lockhart, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Completely renovated 2 bed/1 bath duplex with PrimaryDownstairs layout; New energy‑efficient HVAC and water heater; Brand‑new kitchen appliances include dishwasher, electric range/oven, and refrigerator; washer and dryer included
