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$1,105,000

NAL Estimated Property Value

16222 Oak Grove Rd, Buda, TX, 78610

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,114 Sq Ft
price_per_sqft$447.98 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Free Standing Range, Disposal, Gas Range, Water Softener Owned, Stainless Steel Appliances, Tankless Water Heater, Vented Exhaust Fan
FlooringWood

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size4.50 acres

Building Information

Year Built2022
Stories1
Roof Type112

Land Information

APNR62362
Lot Number2
SubdivisionCox Addition
Land UseResidential
Legal DescriptionCOX ADDITION, LOT 2, ACRES 4.5 TAX CODES:RSP,SHA,ACCD
Census Tract010912
Assessed Land Value$529,340
Assessed Improvement Value$512,660
Assessment Year2025

About this property

Classic Texas ranch-style home on 4.5 unrestricted acres with two additional guest or income-producing homes just 16 miles from downtown Austin. The gorgeous 3/3 2600 SF main home was moved to the property in the 1990s and completely remodeled adding a primary bedroom, family room, honeycomb rock exterior, expansive cedar post front porch and deck. The open floor plan has 2 separate living rooms and a large primary ensuite separate from the other 2 bedrooms. This well-maintained home has beautiful oak floors throughout and was recently painted inside and out. The 1000 SF 2/1 cottage and the 640 SF 1/1 cabin share a separate driveway. The wooded setting provides privacy for all three homes. Additional outbuildings include a screened gazebo, two air-conditioned art studios, storage shed, pump house, and finally a 1953 Spartan Imperial Mansion trailer, which can be used as an office. Water is supplied by a private well with a 2,400-gallon water storage tank and a pressurized distribution system and water softener. (The cottage is currently being leased for $1,600 and the cabin for $1,350.) While the inside of the three homes is impressive, it’s the exterior landscape that makes this property stand out. A rock-filled wet weather creek runs through the middle of the property and is the focal point for its park-like setting. Large post oaks, cedar elms, and live oaks create an oasis filled with wildlife and a front flower bed filled with native plants which attract a variety of birds, bees and butterflies. No neighbors are visible from inside the property. Sit on the back deck of the main house and gaze at the stars--or watch the roadrunners and deer that live there. This property is perfect for a multi-generational family that appreciates peace and quiet or for someone who wants to live in a wonderful private home with two separate rentals. Please visit the website to get all the details Please visit the website to get all the details at www.16222oakgroverd.com

Investor Tools

Property Icon
$1,105,000
Estimated Property Value
$1,281,330Estimated Mortgage Balance
$1,105,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,674
$1,042,000
2025
$529,340
$512,660
$1,042,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,674
$1,042,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$1,380,000
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,281,330
N/A
0%
116%
$6,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$6,589/mo
$-4,469/mo
2.3%

City: Buda