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About This Home

This multi-family property sits in the Lockhart neighborhood of Alpine, Texas. Built in 1970, the complex occupies a 0.50-acre lot and includes five buildings across two stories with a total of 5,136 square feet. Building 1 contains three separate apartments.

Building 2 is a larger two-bedroom, one-bath house. Buildings 3 and 4 are individual apartments, while Building 5 includes two separate apartments. All apartments have been updated and remain occupied. The layout provides multiple rental units within a single property, offering a practical arrangement for ownership in Alpine.

Agent Description

This complex includes 5 buildings. Building 1 includes 3 separate apartments. Building 2, is a larger 2 bedroom, 1 bath house. Building 3 and 4 are individual apartments, and building 5 includes two separate apartments. All apartments have been updated and stay occupied.

Key Features

  • Built in 1970
  • 0.50 acre lot
  • 2 stories

Property Details

2 stories
1970

Monthly Cost Estimate

$4,065/mo

20% down · 6.5% · 30 years

Principal$550
Interest$3,293
Insurance$222

Estimates only. Actual payments may vary.

Location

405 & 40 E Lockhart

Alpine, TX 79830

Lockhart

Property Details

Construction

Concrete Stucco

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 405 & 40 E Lockhart is listed at $760,000 ($148/sqft). The estimated monthly payment is $3,293 based on 20% down at 6.5% interest.

Key features include: Built in 1970, 0.50 acre lot, 2 stories.

This property is listed by Monica Mcbride and can be reached at 4323865245 or monica@stephenmcbrideproperties.com.

MM

Monica Mcbride

Agent at Stephen-McBride Properties

(432) 386-5245

Listed by Stephen-McBride Properties

MLS# 161223· Source: listhub· Updated today

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

405 & 40 E Lockhart, Alpine, TX 79830

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