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$441,000

NAL Estimated Property Value

201 Sailmaster St, Lakeway, TX, 78734

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,488 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$285.62 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size7,109 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01417609780000
Lot Number2A
SubdivisionLohmans Crossing Estates Sec 1
Land UseResidential
Legal DescriptionLOT 2A BLK C LOHMANS CROSSING ESTATES SEC 1 RESUB OF LOT 2
Census Tract033600
Assessed Land Value$220,000
Assessed Improvement Value$205,591
Assessment Year2024

About this property

Tucked away on a quiet corner lot in the heart of Lakeway, this thoughtfully updated single-story attached townhome lives like a traditional single-family home, offering the space, privacy, and comfort buyers crave. Though it shares a wall and roofline with the neighboring residence, it features a private entrance, separate address, and no HOA, all in a prime location just minutes from Lake Travis, top-rated schools, and local favorites like HEB and Lakeway’s charming restaurants. Step inside and discover over $30,000 in upgrades that blend style and function. The freshly painted interior is warm and inviting, with tile flooring throughout. A beautifully updated kitchen features quartz countertops, a soft blue subway tile backsplash, and stainless steel appliances. The kitchen opens to a spacious dining and living area with high ceilings, crown molding, and wood-burning fireplace. New recessed lighting and a statement dining room fixture add a designer touch, while floating shelves in the sitting and dining areas provide both character and convenience. The oversized primary suite offers a peaceful retreat with vaulted ceilings and a spa-like bath that includes a soaking tub, dual vanities, and a walk-in shower. Additional updates include new backlit bathroom mirrors, new blinds, upgraded plugs and outlets, and recently installed A/C units in both the attic and garage for year-round comfort. Outside, enjoy a private fenced patio with crushed granite and hardscaping, ideal for relaxing or entertaining without the maintenance of a traditional yard. Fresh landscaping and upgraded exterior lighting enhances the home’s curb appeal. A spacious catio with access from the garage adds a unique bonus for pet lovers. Zoned to acclaimed Lake Travis ISD and just moments from Serene Hills Elementary, this move-in ready home offers the ultimate Lakeway lifestyle with easy access to greenbelts, dog parks, marinas, and more.

Investor Tools

Property Icon
$441,000
Estimated Property Value
$147,483Estimated Mortgage Balance
$294,111Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$425,591
2024
$220,000
$205,591
$425,591
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$425,591

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$165,000
No
First
Sep 3, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,483
$293,517
66%
33%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$990/mo
+$1,890/mo
7.8%

City: Lakeway

201 Sailmaster St | Property Details | No Agent List