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$1,007,000

15122 Fm 775, La Vernia, TX, 78121

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,788 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$342.93 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Gas Cooktop, Double Oven
FlooringAdobe, Brick, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Outdoor Kitchen
Lot Size2 acres

Building Information

Year Built2016
Stories1
Roof Type112
Garage Spaces15

Land Information

APN2G-0032-0000-08810-000
SubdivisionSmith Erastus
Land UseResidential
Legal DescriptionABS: 32 SUR: ERASTUS SMITH 2.0000AC
Census Tract210803
Assessed Land Value$32,267
Assessed Improvement Value$942,733
Assessment Year2025

About this property

This spacious, open concept home features rock accent walls and a stone fireplace. The kitchen and owner’s suite include many upgrades and the breathtaking backyard is designed to entertain with its saltwater pool, covered pavilion, stone fire pit, outdoor kitchen, and fireplace. For the hobbyist, there is a stock pond, a 4-bay shop w/AC and bathroom, and a large tractor shed. If you are dreaming of living a life of luxury and enjoying privacy and plenty of room to play, this one is for you! Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,007,000
Estimated Property Value
$800,000Estimated Mortgage Balance
$312,533Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,794 /month
Positive
Cash Flow Estimate:
$2,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,939
$975,000
2025
$32,267
$942,733
$975,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,939
$975,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$800,000
No
First
Oct 5, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$694,467
$521,533
42%
69%
$3,212/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$3,212/mo
$-1,542/mo
2.0%

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: La Vernia

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15122 Fm 775 | Property Details | No Agent List