$481,000
NAL Estimated Property Value208 Fairlake Cir # 13, Lakeway, TX, 78734
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s)
FlooringConcrete, Tile, Vinyl
Exterior
Lot Size9,605 sqft
Building Information
Year Built2016
Stories2
Roof Type105
Garage Spaces2
Land Information
APN01397610140000
Lot Number13
SubdivisionFairlake Condominiums
Land UseResidential
Legal DescriptionUNT 13 FAIRLAKE CONDOMINIUMS PLUS 8.3333 % INT IN COM AREA
Census Tract033100
Assessed Land Value$96,050
Assessed Improvement Value$374,392
Assessment Year2025
About this property
An enchanted cottage with golf course views in the heart of Lakeway! Beautifully designed and meticulously maintained this lovely custom home is nearly new and filled with upgrades including plantation shutters, designer lighting, upgraded appliances and much much more. Master is down and 3rd bedroom is made into a loft/study. There's additional unfinished area that could easily be made into more usable interior space. Walk to nearby trails. Minutes to shops and restaurants. Low tax rate!Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$481,000
Estimated Property Value
$247,810Estimated Mortgage Balance
$233,190Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,095
$470,442
2025
$96,050
$374,392
$470,442
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,095
$470,442
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aaxy Llc
Conventional
$279,500
No
First
Jul 28, 2020
Aug 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,810
$283,190
53%
52%
$1,676/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,826/mo
+$1,054/mo
7.2%
