Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$138,000

NAL Estimated Property Value

131 Sierra Madre Street, Payne Springs, TX, 75156

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths784 Sq Ft
price_per_sqft$178.44 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Refrigerator
FlooringLaminate

Building Information

Year Built1971
Roof Type105
Garage Spaces1

Land Information

APN2590-0000-6420-58
Lot Number642
SubdivisionDel Mar (759)
Land UseResidential
Legal DescriptionLT 642 AB 1060 M E RICHARDSON, SUR, DEL MAR SUBD, LT 642
Census Tract950905
Assessed Land Value$15,000
Assessed Improvement Value$117,485
Assessment Year2025

About this property

Cozy Fishing Cabin with Lake Access! Looking for the perfect weekend getaway or peaceful retreat? This cozy fishing cabin is located in a great neighborhood with convenient lake access and sits on two spacious lots, offering plenty of room to relax and enjoy the outdoors. The property features a fully fenced backyard, ideal for pets, gatherings, or simply enjoying your private outdoor space. A single-car garage provides parking or can easily be used as a workshop for hobbies and storage. Relax on the cute covered, semi-private front porch, the perfect spot to sip your morning coffee or unwind after a day on the lake. Inside, you’ll find an open-concept layout connecting the living, dining, and kitchen areas, highlighted by beautiful high cedar beam ceilings that add warmth and character to the space. The home offers 2 bedrooms and 1 bathroom, making it an ideal fishing cabin, weekend escape, or full-time lake retreat.

Investor Tools

Property Icon
$138,000
Estimated Property Value
$0Estimated Mortgage Balance
$138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
$26/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$278
$88,596
2025
$15,000
$117,485
$132,485
No

Tax History

Year
Tax Paid
Assessed Value
2024
$278
$88,596

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$138,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Payne Springs

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...