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$586,000

NAL Estimated Property Value

17575 Fm 150 W, Driftwood, TX, 78619

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,594 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.88 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Oven
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size1.39 acres

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR12473
SubdivisionFreelove Woody Survey
Land UseResidential
Legal DescriptionA0020 FREELOVE WOODY SURVEY, ACRES 1.389 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$192,920
Assessed Improvement Value$220,260
Assessment Year2025

About this property

Fully furnished mid term rental available in DSISD for 3+ month lease! Experience peace and quiet of Texas Hill Country living in this beautiful fully furnished Driftwood, Texas mid term rental situated on 1.39 acres available for 3-12 month lease! Perfect for a place to move into while you build your dream home or need a place to live for just a few months. The home features 3 bedrooms, 2 bathrooms, and an office and has been updated with a modern farmhouse kitchen, lovely propane fireplace in the living room, and beautifully updated tiled shower in the primary bathroom. The home has hard flooring throughout the home for easy maintenance. With multiple pens and yards it could be an ideal place to rent if you have farm animals. Ideally located with quick access to FM 150/1826, this property offers convenient proximity to both Austin and Dripping Springs, combining a tranquil rural atmosphere with accessibility to city amenities. Zoned for highly rated Dripping Springs ISD and ready for you to move in right away. Schedule a tour today!

Investor Tools

Property Icon
$586,000
Estimated Property Value
$220,779Estimated Mortgage Balance
$365,669Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,516 /month
Positive
Cash Flow Estimate:
$1,172 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,093
$366,891
2025
$192,920
$220,260
$413,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,093
$366,891

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$248,000
No
First
Aug 13, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,779
$404,221
64%
38%
$1,487/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.

Explore Texas Explore This Area
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: Driftwood

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17575 Fm 150 W | Property Details | No Agent List