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$999,999

123 GROSBEAK DR DR, Spring Branch, TX, 78070

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.64 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3.19 acres

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces4

Land Information

APN36-0150-1081-00
Lot Number1080R
SubdivisionMystic Shores 9
Land UseResidential
Legal DescriptionMYSTIC SHORES 9, LOT 1080R
Census Tract310609
Assessed Land Value$196,360
Assessed Improvement Value$640,100
Assessment Year2025

About this property

Welcome to 123 Grosbeak in the heart of Spring Branch—where thoughtful design meets Hill Country luxury. This stunning 4-bedroom, 2.5-bath home offers 3,240 square feet of beautifully designed living space, all nestled on over 3 pristine acres. Enjoy breathtaking views of Canyon Lake from your own private balcony, creating the perfect backdrop for morning coffee or evening sunsets. Step inside to discover luxury flooring that flows seamlessly throughout the home, leading you into an inviting living area anchored by a beautiful fireplace—ideal for both relaxing and entertaining. The layout is as functional as it is charming, featuring a unique hidden room that adds character and versatility. Upstairs, you’ll find expansive wraparound storage with easy access, making organization effortless without compromising style. A dedicated media room provides the perfect setting for movie nights, game days, or hosting guests. Adding to the lifestyle appeal, this home is within walking distance to the neighborhood river clubhouse—perfect for enjoying the outdoors and connecting with the community. Outdoors, the property truly shines. Experience Texas living at its finest with a gorgeous pool surrounded by wide-open skies and serene Hill Country views. Whether hosting gatherings or enjoying quiet time at home, this space is designed to impress. With its rare combination of acreage, custom features, community amenities, and stunning Canyon Lake views, this home is a standout opportunity you won’t want to miss.

Investor Tools

$819,626Estimated Mortgage Balance
$207,374Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,162 /month
Positive
Cash Flow Estimate:
$2,054 /month

Interested in this property?

Sarah Brieden

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,001
$836,460
2025
$196,360
$640,100
$836,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,001
$836,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$850,179
Yes
First
May 1, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$819,626
$207,374
20%
80%
$5,098/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: Spring Branch

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123 GROSBEAK DR DR | Property Details | No Agent List