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$336,000

NAL Estimated Property Value

1048 Brownson LN, Driftwood, TX, 78619

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.02 acres

Land Information

APNR190683
Lot Number1
SubdivisionWeber Estate
Land UseResidential
Legal DescriptionWEBER ESTATE, LOT 1, ACRES 2.025 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$253,510
Assessment Year2025

About this property

The Brownson Ranch was established in 1938 and this is the last of this family owned land. This 2 acre parcel offers multiple build sites, a wet weather creek, and some open pasture land as well. Enjoy the cool breeze among the gorgeous oak trees and the rolling topography with a wet weather creek. The property is fully fenced along the back portion and front portion of the land. This property is not located in the ETJ. Brownson Lane is in the highly rated Dripping Springs ISD. A quick 5 mile drive to Dripping Springs, 10 miles to the H-E-B in Wimberley, and downtown Austin is a scenic 29 miles away. Feel like a night out but don't want to go far? Ghost Note Brewery is less than a mile stroll from the property and Mercer Dance Hall is 1.2 miles away. Enjoy being part of the Hill Country, tucked away on a quiet road off of RR 12, but with access to all the amenities and comforts of being in town. Build your dream home or build your dream business, the choice is yours! Property will need to be platted, new survey (December 2021) now available. Buyer and agent to verify all info.

Investor Tools

Property Icon
$336,000
Estimated Property Value
$258,235Estimated Mortgage Balance
$77,765Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,016 /month
Positive
Cash Flow Estimate:
$672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,965
$253,510
2025
$253,510
N/A
$253,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,965
$253,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Reginal Bank
Purchase Money Mortgage
$272,800
No
First
May 8, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,235
$77,765
23%
77%
$1,636/mo

City: Driftwood

1048 Brownson LN | Property Details | No Agent List