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$451,815

NAL Estimated Property Value

124 Wamel Way, Cedar Creek, TX, 78612

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.51 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size1 acre

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR85498
Lot Number10
SubdivisionThe Homestead On Hobbs Creek, Phase One
Land UseResidential
Legal DescriptionTHE HOMESTEAD ON HOBBS CREEK, PHASE ONE, BLOCK A, LOT 10, ACRES 1.0000
Census Tract950303
Assessed Land Value$160,000
Assessed Improvement Value$291,815
Assessment Year2025

About this property

The space you need in a beautiful location! This 2,529 4 bedroom, 2 full bath home features two dining areas, a flex-room which can serve as an office, playroom, formal living, etc. and a gorgeous back yard. The inside is bright and open with fresh paint. Enjoy quiet evenings looking over your acre of land from underneath a retractable awning. Make sure to check out the clean, 10 x 15 workshop wired with 110/220... perfect for use as a storage shed, art studio, kids hideout, etc.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$451,815
Estimated Property Value
$176,596Estimated Mortgage Balance
$275,633Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,711 /month
Positive
Cash Flow Estimate:
$904 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,443
$451,815
2025
$160,000
$291,815
$451,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,443
$451,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bastrop
Conventional
$209,920
No
First
Jun 15, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,596
$275,219
60%
39%
$1,259/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.

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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: Cedar Creek

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124 Wamel Way | Property Details | No Agent List