Seller's Agent in 2021
Cody Maxwell
Capitol Ranch Real Estate
(979) 530-7010
67 Total Sales
585 Long Rd Lockhart, TX 78644
Estimated Value: $982,821
56.15
Acres
$17,503
Price per Acre
2,445,894
Sq Ft Lot
About This Lot
As of January 2021The Cherry Ranch is a diverse property that would be ideal for a family home site, grazing ranch, and/or investment. The property is +/-56-acres, consisting of rolling terrain with a number of ponds, fertile soils, and notable elevation changes. Close proximity to Austin and Lockhart provide a convenient location and a sound long-term investment. Location: Cherry Ranch is located off Texas State Highway 130, 6.5 miles south of Lockhart. This ranch is central to many major Texas Cities: Austin (45 min), San Marcos (30min), San Antonio (1 hr.), New Braunfels, (45 min). Habitat/Wildlife: The Big West Fork Plum Creek runs through the ranch. Most of the property is scattered with small mesquites and mature Live Oak Trees are found in several groves. Two half-acre tanks are on the property and maintain water year-round, depending on rain. A portion of the property is located within the floodplain. Lockhart State Park is just +-4 miles away. There is a healthy population of Whitetail Deer, Rio Grande Turkey, Bobcat, and many species of duck. Coveys of quail are said to be in the area.
Property Details
Property Type
- Land
Est. Annual Taxes
- $972
Lot Details
- 56.15 Acre Lot
- Few Trees
Schools
- Navarro Elementary School
- Alamo Hgt High School
Listing and Financial Details
- Legal Lot and Block A186 / 1
- Assessor Parcel Number 33192
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2020
Closed on
Jan 21, 2021
Sold by
Wilson Dawn and Koehler Tiffany Wilson
Bought by
Mechineni Srinath Rao and Mechineni Kiranmayi Venkata
Seller's Agent
Cody Maxwell
Capitol Ranch Real Estate
Buyer's Agent
Cody Maxwell
Capitol Ranch Real Estate
List Price
$773,639
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$637,865
Outstanding Balance
$577,064
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$403,925
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mechineni Srinath Rao | -- | Independence Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mechineni Srinath Rao | $637,865 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2021 04/27/21 | Off Market | -- | -- | -- |
| 01/25/2021 01/25/21 | Sold | -- | -- | -- |
| 01/22/2021 01/22/21 | Sold | -- | -- | -- |
| 12/28/2020 12/28/20 | Pending | -- | -- | -- |
| 12/26/2020 12/26/20 | Pending | -- | -- | -- |
| 10/26/2020 10/26/20 | For Sale | $773,639 | 0.0% | -- |
| 01/28/2020 01/28/20 | For Sale | $773,639 | -- | $657 / Sq Ft |
Source: San Antonio Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $634 | $42,310 | $14,160 | $28,150 |
| 2023 | $615 | $42,220 | $32,430 | $9,790 |
| 2022 | $1,096 | $64,210 | $49,230 | $14,980 |
| 2021 | $1,097 | $57,240 | $44,550 | $12,690 |
| 2020 | $1,062 | $51,820 | $39,490 | $12,330 |
| 2019 | $1,030 | $50,270 | $38,540 | $11,730 |
| 2018 | $914 | $42,480 | $34,830 | $7,650 |
| 2017 | $765 | $35,530 | $28,630 | $6,900 |
| 2016 | $738 | $34,290 | $27,730 | $6,560 |
| 2015 | -- | $35,450 | $31,130 | $4,320 |
| 2014 | -- | $30,440 | $26,550 | $3,890 |
Source: Public Records
Agents Affiliated with this Home
-
Cody Maxwell
-
Colton Harbert
C
Seller's Agent in 2021
Colton Harbert
Capitol Ranch Real Estate
(806) 335-5867
39 Total Sales
Map
Source: San Antonio Board of REALTORS®
MLS Number: 1491521
APN: 33192
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