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.
Cute older home with alot of potential !! Investor special . .. currently being rented and rents are bringin in over 1k per month. Main house is 2 bedrooms and 1 full bath with formal dining room and all kitchen appliances convey. Connected to the back of the house, through a door in the kitchen, is an efficiency 1 bed, 1 bath, and kitchenette. Perfect for MIL plan or tenant. Very close to Clearfork and Navarrro schools.
Unlock MLS #5533962
Feb 24, 2011
Delisted
—
Oct 10, 2010
Listed
*
Year
Property tax
Land + Additions
Assessment*
2026
$2,902 (−6.1%)
$60,390 + $80,260
$140,650
2025
$3,090 (−4.8%)
$60,390 + $89,340
$149,730
2024
$3,245 (+1.7%)
$54,910 + $104,720
$159,630
2023
$3,191 (+5.5%)
$54,910 + $105,410
$160,320
2022
$3,024 (+34.4%)
$38,860 + $92,170
$131,030
2021
$2,250 (+5.7%)
$35,230 + $55,560
$90,790
2020
$2,129 (+3.8%)
$30,640 + $52,820
$83,460
2019
$2,050 (+24.6%)
$29,110 + $45,920
$75,030
2018
$1,645 (+10.6%)
$18,160 + $39,300
$57,460
2017
$1,488 (+3.5%)
$18,160 + $39,300
$57,460
2016
$1,437 (+3.0%)
$10,170 + $41,560
$51,730
2015
$1,395 (−8.5%)
$8,460 + $41,360
$49,820
2014
$1,525 (+15.9%)
$7,840 + $41,610
$49,450
2013
$1,316 (+4.9%)
$7,840 + $41,610
$49,450
2012
$1,254 (−0.2%)
$8,090 + $41,800
$49,890
2011
$1,256 (+0.5%)
$8,090 + $39,360
$47,450
2010
$1,250 (−0.9%)
2009
$1,262
$8,090 + $39,380
$47,470
Public record
Beds
2
Baths
1
Stories
1
Lot width
49 ft.
Lot depth
130 ft.
Lot size
6,370 Sq. Ft.
Year renovated
1970
Finished Sq. Ft.
1,103
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,103
Year built
1935
Style
Single Family Residential
County
Caldwell County
APN
000000019500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
7% chance of being in a wildfire in next 30 years
8/10 Heat Factor
6 days above 108° expected this year, 20 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Lockhart, TX • 78644
Average low and high temperatures (°F)
61
39
71
48
82
56
83
63
89
67
93
75
93
75
98
74
95
70
91
63
80
54
70
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.6 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 523 S Rio Grande St
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $279,000 and $295,000.
Nearby comparable homes
The Redfin Estimate uses 2 recent nearby sales, priced between $279K to $295K.