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$420,000

161 Wagon Spoke Way, Liberty Hill, TX, 78642

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.17 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-17-W357-4B0A-0016
Lot Number16
Land UseOther
Legal DescriptionS12574 - HIGHLAND MEADOWS 4B, BLOCK A, LOT 16
Census Tract020329
Assessed Land Value$84,000
Assessed Improvement Value$332,070
Assessment Year2025

About this property

Our Austin Floorplan is ready NOW for move in. Magnificent Views from this home in the Orchard Ridge 50's! Stunning accents such as stone masonry on the exterior, front and rear covered porch. Bay Window in the owners suite, separate vanity areas, and a deluxe shower! Many many more upgrades too! Why Dream Finders Homes: 1. Better included features than most builders, giving you a more "upgraded" home without having to purchase so many upgrades. 2. Better building practices including but not limited to: 2 x 6 exterior walls, TRANE HVAC units, thicker and higher insulation rating (R-38 and R-13), radiant barrier standard for strong and energy efficient homes. 3. When you finance with our preferred lender, they pay 5000.00 closing costs. 4. We also pay Title Policy. Why Orchard Ridge: 1. Great amenities - community gardens & orchards, large workout facility, pool, splash pad, walking trails, parks, the list goes on. 2. Amenities open NOW - not "coming soon" - so you will be able to enjoy them right away 3. Lifestyle Director on site taking care of the amenities, organizing events, groups, etc. 4. Location, not right off of a busy main highway as we are down in a valley off 29, no road noise from major highways 5. Leander ISD with a new elementary that opened in 2019. 6. Unique Farmhouse Style homes, not the same old stone and brick look! 7. Natural Gas community

Investor Tools

Property Icon
$420,000
Estimated Property Value
$163,600Estimated Mortgage Balance
$265,400Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,848
$416,070
2025
$84,000
$332,070
$416,070
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,848
$416,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$163,600
No
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,865
$263,135
62%
37%
$981/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$981/mo
+$1,435/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Liberty Hill

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161 Wagon Spoke Way | Property Details | No Agent List