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$4,500,000

NAL Estimated Property Value

1240 Elder Hill RD, Driftwood, TX, 78619

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths9,298 Sq Ft
price_per_sqft$483.98 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 6Bathrooms 6
AppliancesGas Cooktop, Double Oven, Tankless Water Heater, Water Softener
FlooringCarpet, Tile, Vinyl, See Remarks

Exterior

Exterior FeaturesBalcony

Building Information

Garage Spaces7

About this property

Masterful design and modern luxury are uniquely embodied in this 25 +/- acre property.  The JW Ranch is perfectly situated among mature hardwoods in a quiet rural setting just minutes to all the amenities of town. Gated access with a private meandering road through towering heritage oak trees.  The main home features 8848 sqft of dreamy living space including 5 spacious bedrooms, 4 full bathrooms and 2 half baths.  The sprawling grounds includes many top-of-the-line equestrian amenities including a horse barn with 5 horse stalls, a 140x260ft arena including an 8 inch base, 6 inches of sand footing and a French drain system to keep it fully functional year round.  Solar lights and water available near the arena. Another unique opportunity on this property is the 13,000 sqft home that’s ready for you to make it your own—built with the same workmanship as the main home it will take no time to finish.  Builder references available for completion. Surrounded by award winning Texas hill country wineries. Your tranquil retreat awaits you at The JW Ranch.

Investor Tools

Property Icon
$4,500,000
Estimated Property Value
$0Estimated Mortgage Balance
$4,500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month

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Financing Details

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

City: Driftwood