
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.
Property Type
Residential
Year Built
1935
Lot Size
0.15 acres
$/Sq Ft
$135
Garage
4 spaces
Listed by Bell & Associates
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
523 S Rio Grande ST is listed at $148,900 with 3 bedrooms, 2 full bathrooms, 1,103 square feet, 0.15-acre lot.
523 S Rio Grande ST is zoned for Lockhart ISD with assigned schools: Clear Fork (8/10) (elementary), Lockhart (middle), Lockhart (6/10) (high). School assignments should be verified directly with the district.
523 S Rio Grande ST is a Residential built in 1935 featuring 3 bedrooms, 2 full bathrooms, 1,103 square feet, 0.15-acre lot.
523 S Rio Grande ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 523 S Rio Grande ST is $3,090. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
Lockhart ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($30K)
$148,900
Luxury property intelligence
A sourced read on Mathis pricing, timing, and property scale. No automated valuation claim.
List price
$148,900
Price per sqft
$135/sqft
Vs. Mathis median
Not available
Days on market
138 days
Original to current
No verified reduction
$148.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 13, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($29,780) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 523 S Rio Grande ST is around $1,030 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $148,900, 523 S Rio Grande ST is in the Mathis market where there are currently 122 active listings in 78644.
523 S Rio Grande ST was built in 1935 (91 years ago). Buyers should budget for potential updates to major systems.
523 S Rio Grande ST includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$148,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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