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$1,361,000

NAL Estimated Property Value

206 Far Vela Ln, Lakeway, TX, 78734

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.97 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Gas Cooktop, Dishwasher, Microwave, Double Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1 acre

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APN01317001040000
Lot Number111
SubdivisionSchramm Ranch Sec 1 Phs 2 The
Land UseResidential
Legal DescriptionLOT 111 SCHRAMM RANCH SEC 1 PHS 2 THE
Census Tract031500
Assessed Land Value$558,250
Assessed Improvement Value$894,219
Assessment Year2025

About this property

Gorgeous 4 bedroom home in gated Lakeway community w/ beautiful Back Yard Oasis & panoramic Canyon/Greenbelt views. The heated pool & outdoor kitchen & entertainment area feature a stunning Texas Hill Country backdrop. Features include an incredible downstairs master suite, an amazing open kitchen w/ a large island, granite c-tops & stainless appliances, gorgeous wrought iron front doors & staircases, Brazilian cherry wood floors, an abundance of natural light, sunroom, 3 fireplaces, & a 3 car garage.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,361,000
Estimated Property Value
$849,359Estimated Mortgage Balance
$513,345Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,166 /month
Positive
Cash Flow Estimate:
$2,722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,666/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,186
$1,215,496
2025
$558,250
$894,219
$1,452,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,186
$1,215,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$700,000
No
First
Jun 18, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$849,359
$590,641
41%
62%
$5,696/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.

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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: Lakeway

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206 Far Vela Ln | Property Details | No Agent List