516 Drakes CV, Lockhart TX 78644

Lockhart, TX 78644 | Clearfork

Ed's Opinion of Value

$223,500 Ed's Estimate: $397,568 $642,585
Lowest Comp Recommended List: $253,000 to $263,000 Highest Comp
Based on 7 closed sales in CLEARFORK, the data points to a value around $397,568 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $253,000 to $263,000. This home's position in the current CLEARFORK market: the 0th most expensive of 4 comparable homes on the market among comparable properties. The 140 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 7 minus 5 of the comps had one. With 4 similar homes currently listed in CLEARFORK (a buyer's market), competition is a factor to consider. Market data shows 78644 prices fallen 6.8% over the last half year. The closest comparable sale, 426 Connolly CIR W, Lockhart TX 78644 at an adjusted $454,499, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in CLEARFORK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 3 Full
2,304 Sq Ft
0.5291 Acres
1984 Built
2 Garage

About This Property

Experience the vibrant spirit of Lockhart, celebrated as the BBQ capital of Texas, in this meticulously maintained home situated on one of the largest lots in the neighborhood—nearly half an acre of tranquil surroundings. Priced attractively, this property stands out as the only home with a pool under $500k, offering a rare blend of space, value, and sought-after amenities in the heart of Lockhart. The well-crafted layout features 4 bedrooms and 3 bathrooms, including 2 spacious primary suites that provide direct access to the expansive backyard retreat. The large living room captivates with its wood-beamed ceiling and tile flooring, complimented by a floor-to-ceiling stone fireplace, a stone accent wall and built-in cabinetry that defines the living and dining areas seamlessly. The galley-style kitchen is as functional as it is stylish, featuring granite countertops, tile backsplash, abundant storage, and stainless steel appliances, including a double oven and gas cooktop. Both primary suites offer ample space and natural light, featuring wood flooring that enhances their comfortable and inviting ambiance. Outside, the backyard oasis awaits with a sprawling covered patio, extended by a pergola, overlooking a sparkling pool and hot tub. The pool deck features a charming cabana, perfect for alfresco dining surrounded by towering trees and a lush green lawn—an ideal setting for relaxation and entertainment. Just minutes from downtown Lockhart and a short 40-minute drive to downtown Austin, this home combines suburban tranquility with convenient access to city amenities. Schedule a visit to fully appreciate the distinctive charm and lifestyle this exceptional property offers.

Property Highlights

Pool In Ground

Features

  • 2 Primary Baths
  • 2 Primary Suites
  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • Tray Ceiling(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Multiple Dining Areas
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Track Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Lockhart ISD
Middle School Lockhart
High School Lockhart

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Private Yard
County Caldwell
MLS # 6497829

Parking

Garage 2 spaces

Tax Information

Annual Taxes $8,590 (2024)

Listing History

MLS# 6497829 - Updated Apr 2, 2026 6 days (5 CDOM)
Aug 8, 2024 Off Market
Jun 22, 2024 Listed $489,900

Frequently Asked Questions About 516 Drakes CV, Lockhart TX 78644

When was 516 Drakes CV, Lockhart TX 78644 built?

516 Drakes CV, Lockhart TX 78644 was built in 1984.

How much does 516 Drakes CV, Lockhart TX 78644 cost?

516 Drakes CV, Lockhart TX 78644 sold on August 8, 2024. Contact us for sale price details.

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