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$792,930

185 Valley Sierra Ln, Driftwood, TX, 78619

Off MarketInfo
Baths0 Bath
Baths2,031 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3.40 acres

Building Information

Year Built2023
Stories1
Roof Type112
Garage Spaces506

Land Information

APNR96792
Lot Number18
SubdivisionRunning Rope Estates Sec 1
Land UseResidential
Legal DescriptionRUNNING ROPE ESTATES SEC 1, LOT 18, ACRES 3.40 TAX CODES:RSP,SWI,WEU
Census Tract010812
Assessed Land Value$278,830
Assessed Improvement Value$514,100
Assessment Year2025

About this property

Build your dream home on a 3.4 acre lot in the beautiful Texas Hill Country neighborhood of Running Rope Estates! Level, wooded lot on a cul-de-sac. All utilities in place, with newly added septic, electricity, and water line - ready to build! Existing garage with full kitchen, washer and dryer, bathroom and cable/internet service. Retreat to this quiet, peaceful community, and enjoy the luxury and privacy it has to offer!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$792,930
Estimated Property Value
$308,000Estimated Mortgage Balance
$496,479Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,758 /month
Positive
Cash Flow Estimate:
$1,586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,438
$792,930
2025
$278,830
$514,100
$792,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,438
$792,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$308,000
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,451
$496,479
62%
37%
$1,847/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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185 Valley Sierra Ln | Property Details | No Agent List