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$1,632,836

1406 Old Wagon Rd, West Lake Hills, TX, 78746

$1,864,086 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$427.55 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Bathrooms Half 0.5Bathrooms Half 0.5
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Range, Built-In Refrigerator, Dishwasher, Microwave, Oven
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size1.25 acres

Building Information

Year Built1977
Roof Type112

Land Information

APN01172101060000
Lot Number2
SubdivisionSlaughter James Subd
Land UseResidential
Legal DescriptionLOT 2 SLAUGHTER JAMES SUBD
Census Tract001918
Assessed Land Value$1,100,000
Assessed Improvement Value$783,309
Assessment Year2024

About this property

Discover unparalleled elegance in this architecturally stunning home, meticulously crafted to blend seamlessly with the surrounding hills. This home tells a story, with locally sourced materials and quality craftsmanship showcasing a harmonious connection with nature. Upon entrance, you are instantly greeted by a high ceiling breezeway overlooking the rolling hills. The living room floors were made from a pecan tree here in the Austin area, and window trim made of mahogany. The fireplace mantle was made from longleaf pine from a factory in the south, and the handrail on the stairs is a piece of old fashioned rebar found in a remote part of Red Bud Isle. The kitchen boasts Saltillo tile flooring, with the large island made of longleaf pine salvaged from an old school in San Antonio. The primary suite features vaulted ceilings, a private deck entrance, and a very large walk in closet. A secondary spacious bedroom and bathroom are also located on this main floor. Across the breezeway is a separate guest casita with it's own kitchen, fireplace, and living quarters also showcasing unparalleled charm. The basement offers an additional living area and workshop, with potential to add additional square footage. Situated on a very private 1.25 acre lot, this home offers luxury living at it's finest. Multi-level decks capture views of the rolling hills and serene nature.

Investor Tools

Property Icon
$1,632,836
Estimated Property Value
$1,980,218Estimated Mortgage Balance
$0Estimated Equity
-21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,864,086
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,178
$1,632,836
2024
$1,100,000
$783,309
$1,883,309
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,178
$1,632,836

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Lockhart National Bank
Building Or Construction Loan
$1,980,218
No
First
Apr 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,948,306
N/A
0%
119%
$11,873/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: West Lake Hills

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1406 Old Wagon Rd | Property Details | No Agent List