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$423,034

159 W Castlelake Dr, Marble Falls, TX, 78654

$549,944 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.24 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Electric Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size15,002 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN17366
Lot Number241A
SubdivisionGreencastle (Sherwood Shores)
Land UseVacant Land
Legal DescriptionS4970 GREENCASTLE (SHERWOOD SHORES) LOT 241A
Census Tract960502
Assessed Land Value$37,500
Assessed Improvement Value$385,534
Assessment Year2025

About this property

Discover your dream home in this stunning new construction ranch-style residence, perfectly blending modern elegance with timeless charm. This beautifully crafted 3 bedroom, 2 bathroom, 1708 square foot home offers an inviting open floor plan that seamlessly connects living spaces, making it ideal for both everyday living and entertaining. Step into the heart of the home, where you'll find granite counters, upscale appliances, and custom cabinets, paired with the warmth of real wood doors and shelves that add a touch of natural beauty to every room. Every detail has been thoughtfully designed to create a space that is both functional and aesthetically pleasing. Situated on a third of an acre, this property offers plenty of outdoor space to enjoy the serene surroundings. Just a leisurely 3-minute walk away, Lake LBJ awaits, inviting you to indulge in a lifestyle filled with water activities, scenic views, and tranquil moments by the lake. Whether you’re seeking a peaceful retreat or an active outdoor lifestyle, this location offers the best of both worlds. This home is more than just a place to live; it’s an opportunity to embrace a lifestyle of comfort, luxury, and convenience. Don’t miss the chance to make this exceptional property your own—schedule a viewing today!

Investor Tools

Property Icon
$423,034
Estimated Property Value
$292,000Estimated Mortgage Balance
$139,720Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$549,944
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$680
$423,034
2025
$37,500
$385,534
$423,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$680
$423,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$292,000
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,209
$138,825
32%
67%
$1,751/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: Marble Falls

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159 W Castlelake Dr | Property Details | No Agent List