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$1,536,070

1086 Covered Bridge Dr, Driftwood, TX, 78619

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$508.28 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Dishwasher, Disposal, Down Draft, Exhaust Fan, Gas Range, Microwave, Double Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Water Purifier, Water Purifier Owned, Water Softener, Water Softener Owned, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Uncovered Courtyard, Dog Run, Gas Grill, Outdoor Grill, Private Entrance
Lot Size1.89 acres

Building Information

Year Built2014
Stories1
Roof Type112
Garage Spaces4

Land Information

APNR119238
Lot Number34
SubdivisionThe Preserve At La Ventana Phase Two
Land UseResidential
Legal DescriptionTHE PRESERVE AT LA VENTANA PHASE TWO, LOT 34, ACRES 1.89 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$287,800
Assessed Improvement Value$1,248,270
Assessment Year2025

About this property

This exceptional Kai Geshke-designed custom home in the prestigious gated community of La Ventana offers a rare opportunity to experience true luxury living. Featuring 4 bedrooms and 2.5 full baths, with an optional 4th bedroom/study, this stunning home boasts an oversized 3 car garage and is perfectly situated for complete privacy and seclusion. As you enter the grand stone entrance to La Ventana, you'll be welcomed by a stately herd of longhorns, and you may even catch a glimpse of Axis Deer, foxes, painted buntings, blue birds, White Tail Deer, Turkeys and more. This home is a true oasis, tucked away from the street and surrounded by natural beauty. Inside, you'll find a bright and open floor plan, with impressive features such as a standing seam metal roof, Anderson wood windows and doors, Acacia wood floors, and spray foam insulation. The family room is truly stunning, with soaring 23' Douglas Fir open beamed cathedral ceilings, a custom Cantera Stone Italian fireplace, and Silk Fortuny lights. The chef's kitchen is a dream come true, featuring commercial-grade Thermador appliances including a 6-burner double oven stove and built-in refrigerator, a farm sink, and a large two-step granite island with a hammered nickel vegetable sink. The enormous walk-in pantry is perfect for storing all your essentials. The master suite is equally impressive, with open beamed Douglas Fir vaulted ceilings, an executive-style master bath with a Victoria and Albert soaking tub, a beautiful glass chandelier, walk-in shower, separate vanity spaces in varying heights, and a large walk-in closet with ample shelves and hanging space. Outside, you'll find a heated pool/spa and multiple entertaining/BBQ areas, perfect for hosting guests or enjoying a quiet evening in the privacy of your own fully fenced backyard. Be sure to check out the attached 3D w

Investor Tools

Property Icon
$1,536,070
Estimated Property Value
$400,000Estimated Mortgage Balance
$1,155,497Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,494 /month
Positive
Cash Flow Estimate:
$3,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,521/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,572
$1,536,070
2025
$287,800
$1,248,270
$1,536,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,572
$1,536,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pr Mortgage Inc
Conventional
$400,000
No
First
Sep 29, 2023
Oct 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,848
$1,154,222
75%
25%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$2,509/mo
$-19/mo
1.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Driftwood

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1086 Covered Bridge Dr | Property Details | No Agent List