$3,138,000
NAL Estimated Property Value1611 Westlake Dr, West Lake Hills, TX, 78746
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesOven, Electric Cooktop, Disposal, Down Draft, Microwave, Double Oven, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
FlooringCarpet, Cork, Slate
Exterior
Exterior FeaturesBalcony
Lot Size21,344 sqft
Building Information
Year Built1971
Stories3
Roof Type112
Land Information
APN01171101150000
SubdivisionSparks W
Land UseResidential
Legal DescriptionABS 21 SUR 1 SPARKS W ACR .4900
Census Tract001918
Assessed Land Value$1,417,500
Assessed Improvement Value$826,973
Assessment Year2025
About this property
INCREDIBLE PRICE IMPROVEMENT! Rare Lake Austin waterfront minutes to downtown! Tree house-like setting with separate 1/1 beautiful guest house, included in SF (560sf). An expansive courtyard is perfect for outdoor entertaining. Elongated driveway ideal for multi-car parking and privacy to Westlake Dr. Natural landscaping pathway to the boat dock with party deck. Furnishings negotiable. Excellent rental opportunity available!!FEMA - Unknown Guest Accommodations: Yes Sprinkler Sys:Yes
Investor Tools
$3,138,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,138,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,828 /month
Positive
Cash Flow Estimate:
$6,276 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,569/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$39,144
$2,244,473
2025
$1,417,500
$826,973
$2,244,473
No
Tax History
Year
Tax Paid
Assessed Value
2024
$39,144
$2,244,473
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,884,000
100%
0%
$0/mo
