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Property profile & analytics
OFF-MARKET
Small apartment buildings

101 Lockhart St Manor, TX 78653

2,307 SF 0.13 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Small apartment buildings
Total area 2,307 SF
Lot 0.13 ac (5,750 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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