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Days407Days on Market
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$509,000

111 Draper Ln, Bertram, TX, 78605

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,013 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.86 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Range
FlooringVinyl

Exterior

Lot Size2.50 acres

Building Information

Year Built2025
Garage Spaces2

Land Information

APN115425
Lot Number16
SubdivisionDraper Acres
Land UseAgriculture / Farming
Legal DescriptionS4218 DRAPER ACRES LOT 16, SEC 2, 2.5
Census Tract960402
Assessed Land Value$112,500
Assessment Year2025

About this property

Welcome home to 111 Draper Ln, a brand-new build in Bertram offering 2,013 square feet of thoughtfully designed living space. This 4-bedroom, 2-bathroom home features the popular Bronco floor plan, with an open-concept layout and high ceilings that create a bright, spacious feel throughout. The kitchen is a standout with waterfall-edge counters, and durable LVP flooring flows through every room for easy, low-maintenance living.Step outside to your own private retreat on 2.5 acres, complete with a custom fire pit perfect for evening gatherings, front and back sprinkler systems to keep the landscaping lush, and an epoxy-coated garage floor for a clean, finished look. Backed by a builder's 1-2-6 warranty for added peace of mind, this home combines quality construction with room to breathe. Tucked into a small, gated community with a recently added entrance gate for extra security, this property offers privacy and low-restriction flexibility just minutes from town.

Investor Tools

$401,981Estimated Mortgage Balance
$103,285Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

Interested in this property?

Emily Dieckmann

eXp Realty - Austin

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,498
$112,500
2025
$112,500
N/A
$112,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,498
$112,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Funder Llc Series 89335
Commercial
$413,000
No
First
Nov 26, 2024
Nov 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,981
$180,019
30%
80%
$2,477/mo

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.

Explore Texas Explore This Area
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: Bertram

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111 Draper Ln | Property Details | No Agent List