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$552,090

NAL Estimated Property Value

115 Parlin Ln, Fredericksburg, TX, 78624

Off MarketInfo
Baths0 Bath
Baths1,908 Sq Ft
Year BuiltBuilt in 2021

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,518 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN182915
Lot Number50
SubdivisionMadrona Subd
Land UseResidential
Legal DescriptionMADRONA SUBD LOT 50, -TOD- -TOD-
Census Tract950500
Assessed Land Value$125,000
Assessed Improvement Value$427,090
Assessment Year2025

About this property

A great investment for a country home in the charming city of Fredericksburg, and you can choose your own builder. Design and landscape plans to be submitted to HOA for review. Residence minimum is 1,600 sq ft. 70% of exteriors have to be masonry or masonry veneer (hardiboard, stucco, plaster, and rock), and you can have your exclusive in-ground pool. No short-term rental permitted. Detailed information on dwelling construction and easements found in the HOA Declaration of Covenants, Conditions and Restrictions.

Investor Tools

Property Icon
$552,090
Estimated Property Value
$767,233Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,313 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,203
$552,090
2025
$125,000
$427,090
$552,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,203
$552,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guadalupe Bank
Commercial
$321,600
No
First
Jan 8, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$767,233
N/A
0%
139%
$5,106/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: Fredericksburg

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115 Parlin Ln | Property Details | No Agent List