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$238,000

NAL Estimated Property Value

118 Oak River Dr, Cedar Creek, TX, 78612

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,398 Sq Ft
price_per_sqft$200.29 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Range, Microwave, Washer/Dryer, Electric Water Heater
FlooringLaminate

Exterior

Exterior FeaturesExterior Steps
Lot Size7,492 sqft

Building Information

Garage Spaces2

Land Information

APNR8738655
Lot Number1
SubdivisionElm Ridge Sec 1 C
Land UseResidential Single Family
Legal DescriptionELM RIDGE SEC 1 C, BLOCK B, LOT 1, UNDIVIDED INTEREST 50.0000000000%
Census Tract950303
Assessed Land Value$26,979
Assessed Improvement Value$67,944
Assessment Year2025

About this property

Affordable living in Austin's rapidly growing metro East where the city is close but wide open spaces still abound. This property is beautifully refreshed with 3 bedrooms and 2.5 baths 20 miles east of downtown Austin (near the Circuit of Americas with easy airport access) in a small subdivision known as Elm Ridge. With the homes many renovations and updates, your center of attention in the entry goes to a very unique double-sided fireplace and tall ceilings. Large black windows throughout the property allow you to really enjoy and appreciate the great Texas outdoors. According to KPVI News report July 25, 2023, the city of Cedar Creek ranks #6 in Austin Metro's fastest growing home prices. This property makes sense for homebuyers looking for an affordable residence that feels like luxury. Additionally, this census tract makes available good mortgage loan programs with down payment grants and cost reductions.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$0Estimated Mortgage Balance
$238,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$94,923
2025
$26,979
$67,944
$94,923
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$94,923

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$229,000
100%
0%
$0/mo

City: Cedar Creek

118 Oak River Dr | Property Details | No Agent List