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$315,000

NAL Estimated Property Value

168 Sierra Madre Street, Payne Springs, TX, 75156

$409,500 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringHardwood

Building Information

Year Built2024
Garage Spaces2

Land Information

APN2590-0000-2030-58
Lot Number203
SubdivisionDel Mar (759)
Land UseVacant Land
Legal DescriptionLT 203 AB 1060 M E RICHARDSON SUR, DEL MAR SUBD, LT 203
Census Tract950905
Assessed Land Value$15,000
Assessed Improvement Value$300,000
Assessment Year2025

About this property

*NEW PRICE* Escape to luxury at this breathtaking lake getaway boasting stunning views of Cedar Creek Lake. This modern 3-bed, 2.5-bath, 2-story home spans 2000 SqFt, offering a perfect blend of comfort and style. Nestled in a serene community, enjoy easy access to a nearby park and public boat ramp, ideal for outdoor enthusiasts. Airbnb friendly, this property is perfect for both personal enjoyment and rental income. Step inside to discover upgrades galore, including gleaming hardwood floors, custom soft-close cabinets, and exquisite quartz countertops. Ascend the stairs adorned with wrought iron handrails, leading to spacious bedrooms offering relaxation and comfort. Outside, a wood privacy fence and modern iron entry gate ensure security and privacy. Plus, indulge in year-round comfort with the top-of-the-line 16-Seer2 Carrier HVAC system. Don't miss the chance to own this unparalleled lake retreat!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$277,126Estimated Mortgage Balance
$37,874Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$409,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$109
$315,000
2025
$15,000
$300,000
$315,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$109
$315,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Harmony Bank
Va
$280,395
Yes
First
Sep 25, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,126
$37,874
12%
88%
$1,682/mo

City: Payne Springs

168 Sierra Madre Street | Property Details | No Agent List