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$722,000

NAL Estimated Property Value

208 Oakmont Dr, New Ulm, TX, 78950

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,666 Sq Ft
price_per_sqft$185.63 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1411000400100
Lot Number1,2
Land UseResidential
Legal DescriptionBLK 4 LT 1,2 THE FALLS REPLAT SEC II & HOUSE
Census Tract750400
Assessed Land Value$76,000
Assessed Improvement Value$372,820
Assessment Year2025

About this property

This stunning 2,666-square-foot home in The Falls offers a great blend of comfort & scenic beauty. Featuring 3 bedrooms, 2.5 bathrooms, and a dedicated home office, the layout is thoughtfully designed for everyday living & entertaining. Inside, you'll notice high ceilings and an open-concept layout surrounded by views of the outdoors & golf course. The home is beautifully appointed with solid-surface countertops & crown molding. The lot it's built on is perfectly positioned, the property backs up to a beautifully manicured golf course, which you can see and enjoy from your private patio. The front porch offers more scenic charm, with additional golf course views. It's the last home on a cul-de-sac with green space and mature trees, enhancing the feeling of privacy and exclusivity. Whether you're enjoying peaceful mornings or hosting guests, this property delivers a lifestyle of relaxation & refinement in a beautiful, gated community

Investor Tools

Property Icon
$722,000
Estimated Property Value
$255,185Estimated Mortgage Balance
$466,815Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,332 /month
Positive
Cash Flow Estimate:
$1,444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,379
$448,820
2025
$76,000
$372,820
$448,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,379
$448,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Genworth Financial Home Equity Access
Reverse Mortgage / Hecm
$510,000
No
First
Jan 9, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,185
$514,815
66%
35%
$1,916/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: New Ulm

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208 Oakmont Dr | Property Details | No Agent List