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$1,299,000

1121 Covered Bridge Dr, Driftwood, TX, 78619

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,223 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$403.04 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Range, Bar Fridge, Built In Oven, Cooktop, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Propane Cooktop, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Stainless Steel Appliances, Vented Exhaust Fan
FlooringCarpet Free, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Dog Run, Gas Grill, Lighting, No Exterior Steps, Outdoor Grill, Private Entrance, Private Yard, Rain Gutters
Lot Size1.99 acres

Building Information

Year Built2020
Stories1
Roof Type112
Garage Spaces3

Land Information

APNR119223
Lot Number19
SubdivisionThe Preserve At La Ventana Phase Two
Land UseResidential
Legal DescriptionTHE PRESERVE AT LA VENTANA PHASE TWO, LOT 19, ACRES 1.99 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$301,820
Assessed Improvement Value$1,041,630
Assessment Year2025

About this property

Welcome to 1121 Covered Bridge, an updated executive retreat situated on 1.99 sprawling acres in Driftwood’s premier gated community, La Ventana! This exceptional modern home with a metal roof has 4-bedroom, 3.5-bathroom residence pairs Texas Hill Country charm with refined luxury. Arrive to impressive curb appeal, an oversized sized entry 3-car garage, fresh interior paint, and refreshed exterior touch-ups. Inside, an open and light-filled floor plan welcomes you with durable wood-look tile floors throughout the main areas. The heart of the home flows seamlessly into a stunning sunroom featuring soaring cathedral ceilings, rich natural light, and a cozy fireplace ideal for relaxing or entertaining year-round. The gourmet kitchen boasts sleek, a large marble island beautiful cabinetry, gas 6 burner cook top and premium finishes designed for effortless meal preparation and hosting. The private executive primary suite serves as a true sanctuary, featuring a spa-inspired ensuite bath complete with an elegant island soaking tub, dual shower heads, and generous closet space. Additional bedrooms offer flexible layouts for families, guests, or a dedicated home office. Step outside to experience true outdoor living. An expansive wrap-around patio—offering both covered and uncovered seating areas—complements a fully equipped outdoor kitchen with a custom BBQ, perfect for al fresco dining under Texas skies. With nearly two acres of level, usable land, you have endless space and freedom to design and build your ultimate custom swimming pool and backyard oasis. Residents of La Ventana enjoy world-class resort amenities, including a neighborhood clubhouse, full gym, relaxing sauna, driving range, putting green, tennis and pickleball courts, plus private access to the serene local creek. Offering privacy, luxury, and an unmatched Hill Country lifestyle, this home is a rare find. Schedule your private showing today! See the tour link to view the floor plan and 3d walk tour.

Investor Tools

Property Icon
$1,321,408
Estimated Property Value
$735,000Estimated Mortgage Balance
$588,529Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,928 /month
Positive
Cash Flow Estimate:
$2,643 /month

Interested in this property?

Stacy Bass

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,922/month
$144/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,455
$1,321,408
2025
$301,820
$1,041,630
$1,343,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,455
$1,321,408

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$735,000
No
First
Jun 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$733,941
$587,467
44%
56%
$4,407/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$4,551/mo
$-2,401/mo
2.0%

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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