Selected for the Terner Labs Housing Venture Lab

7757 State Park Rd, Lockhart, TX 78644

Active
Listed 78 days ago
Owner-Occupant Eligible
$1,495,000

About $8,548 a month to live here, after the rent from the other homes.

Triplex3,055 sqft2 beds2 bathsListed Aug 26, 2026

A triplex. Live in one home and rent out the other two. How it works

Live here for about

$8,548a month

The other homes rent for $1,457. We hold back $240 of that for repairs and an empty month, and the rest goes toward a $9,765 monthly payment.

Income to qualify: about $259,000 a year

With how much down?

At 20% down ($299,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Get rich slow: keep this loan ten years and the payments pay off about $195,000 of it. See the ten-year math

See which homes fit your numbers
How we work this out

The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.

$74,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own

ABOUT THIS HOME

Rare 28.1-acre property with commercial and residential potential and approximately 800 feet of frontage on State Park Road, with multiple residences, a naturally fed pond, elevated ridge views with a balance of open acreage, mature tree canopy, and dense wooded privacy. The property includes 3 living structures including a well maintained ~2,007 sqft main home, plus a separate casita 1 bed/1 bath @448sqft, plus an additional 600 sqft 1 bed/1 bath apartment, plus a detached garage, workshop, covered storage, decks and porches. Approximately 3,055 square feet of finished residential space, plus approximately 600 square feet that could be completed. The property is entirely outside the City of Lockhart and outside the ETJ, with no municipal zoning, no known deed restrictions and no recorded easements. Potential uses may include a private estate, family compound, retreat center, boutique lodging, event venue, RV or recreational use, nonprofit or educational campus, small rural subdivision or other destination oriented development, subject to County, TxDOT, septic, drainage and other applicable approvals. Approximately 21.9 acres are outside the mapped floodplain, including approximately 3.2 acres near the State Park Road frontage. Additional portions of the front five acres may also be developable with appropriate engineering and floodplain compliance. The property has 1 Maxwell SUD water meter, 3 Bluebonnet Electric meters, power available from the front to the back of the tract, multiple septic systems and reliable VTX internet service. Conveniently located near Lockhart State Park, SH 130, the San Marcos River, downtown Lockhart and growing residential and commercial development. Agricultural valuation currently in place. Buyer to independently verify acreage, floodplain, development requirements, utilities, Opportunity Zone eligibility and intended use. All information is deemed reliable. Buyer to verify all information.

Triplex

Property Type

1,224,341 sqft

Lot Size

2005

Year Built

Listing Date: 08/26/2026

Listed by: Robert Fischer

Listing office: Keller Williams Realty Lone Star

Contact: (512) 994-0247

Source: Unlock MLS #ACT5533815

Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.

CHOOSE YOUR UNIT

Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.

If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.

CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.

OFFER PRICE

Change your offer and watch the monthly cost move.

Purchase Price

-15%
$1,495,000

List Price

+15%

FINANCIALS

How much do you want to put down?

Purchase price$1,495,000
Your Down Payment$299,000
Financed$1,196,000
Estimated Monthly Payment$9,765

Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.

MONTHLY BREAKDOWN

Estimate at 20% down ($299,000) and 6.0%, 30-year fixed. Your rate and down payment change this.

Estimated Monthly Payment (Before Rental Income)
$9,765/month
Principal + Interest
$7,171
Property Taxes
$2,126
Home Insurance
$468
Rental Income (2 Units)
$1,457/month

From the listing description.

Rental Expenses
-$240
Cost to live here
$8,548/month

Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.

BEFORE YOU OFFER

Now run it on your paycheck.

This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.

Free. No credit pull.

Unlock MLS logo

MLS# ACT5533815 · Listing office: Keller Williams Realty Lone Star

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.