101 Lockhart St Manor, TX 78653
Exceptional investment opportunity: This Manor, Texas triplex boasts three units on a 0.132-acre lot, totaling 2,307 square feet. The property features a strong rental history with a potential monthly income of $5,800. Unit A offers 3 bedrooms and 2 bathrooms, while Unit B (currently under renovation, to be completed before closing or with a $20,000 repair credit) includes 4 bedrooms and 3 bathrooms. Unit C provides an RV hookup. The land value is $225.36 per square foot. This property is ideally situated in booming downtown Manor, close to major employers like Tesla's Giga factory and Samsung's chip plant, ensuring a robust rental market. Owner financing is available. The seller may consider selling this property together with the adjacent property at 203 S Lockhart St (MLS# 5529581). This is a rare chance to acquire a high-cash-flow investment in a rapidly growing area. Utilities are ready for hookup at Unit C. The address is 101 S Lockhart St, Manor, TX 78653.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.