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$374,000

NAL Estimated Property Value

130 Sobrante RD 209, Morgans Point Resort, TX, 76513

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,185 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$316.46 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Dishwasher, Energy Star Qualified Dryer, Energy Star Qualified Washer, Electric Range, Electric Water Heater, Free Standing Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, See Remarks
Lot Size3,341 sqft

Building Information

Year Built2004
Stories1

Land Information

APN363937
SubdivisionD Compton Waters Edge Condos
Land UseResidential
Legal DescriptionA0210 D COMPTON WATERS EDGE CONDOS, (PT OF 3.682AC), UNIT 209, BLDG 3, ACRES .0767 (PT OF 3.682AC), UNIT 209, BLDG 3,
Census Tract020203
Assessed Land Value$22,251
Assessed Improvement Value$343,322
Assessment Year2025

About this property

AMAZING PANORAMIC VIEWS of Lake Belton! The moment you enter you are greeted with an abundance of natural light and views of the lake and hill country. Lake front views from your living room, kitchen, primary bedroom and oversized covered porch! This "End Unit" provides extra serenity with only one neighboring wall. The kitchen has stunning Granite Countertops throughout, custom cabinetry, and all kitchen appliances convey. The oversized primary suite has a double vanity with a walk-in closet and corner closet as well as an custom tiled shower. TWO attractive bedrooms boast sliding doors and an additional walk-in closet! Community features for residents to enjoy are: community pool and cabanas, exercise room and outdoor grills!

Investor Tools

Property Icon
$374,000
Estimated Property Value
$287,671Estimated Mortgage Balance
$86,329Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$792/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,633
$365,573
2025
$22,251
$343,322
$365,573
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,633
$365,573

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primis Mortgage Co
Conventional
$306,000
No
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,671
$86,329
23%
77%
$1,835/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: Morgans Point Resort

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130 Sobrante RD 209 | Property Details | No Agent List