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$296,000

NAL Estimated Property Value

209 E Oak Ridge Dr, Marble Falls, TX, 78654

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.17 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5

Exterior

Lot Size20,038 sqft

Building Information

Year Built1978

Land Information

APN19716
SubdivisionHi-Ridge Trails
Land UseResidential
Legal DescriptionS5212 HI-RIDGE TRAILS LOT PT OF 56, SEC 2 .46
Census Tract960702
Assessed Land Value$85,330
Assessed Improvement Value$149,538
Assessment Year2025

About this property

Welcome to 209 E Oak Ridge Drive in the heart of Marble Falls, Texas! This adorable single-story home sits on nearly half an acre in the highly coveted hi-ridge trails subdivision. Offering three bedrooms and one full bathroom, this well maintained home is ready for move-in! Some recent upgrades include: updated appliances, hot water heater, and updated HVAC system. As you enter inside, the spacious living and dining areas boast great natural lighting. Tucked away off of the dining area is the galley kitchen with ample storage! The laundry room offers additional storage and access to the backyard. On the other side of the home, you'll find three bedrooms & one large full bathroom. The primary bedroom has two closets - one closet is plumbed for an additional half bathroom if preferred. Outside, the huge backyard is the perfect setting for a pool or your precious pets to roam! Highly rated schools, great dining and local shops are just a few minutes away! Enjoy everything that living in town has to offer, while feeling as if you're way out in the countryside. The space and location that this property offers is ideal for any buyer. Find yourself at home here!

Investor Tools

Property Icon
$296,000
Estimated Property Value
$225,922Estimated Mortgage Balance
$70,470Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,244
$234,868
2025
$85,330
$149,538
$234,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,244
$234,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael Mezger And Elizabeth Harrison Me
Purchase Money Mortgage
$239,900
No
First
Feb 28, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,922
$77,078
25%
76%
$1,439/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: Marble Falls

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209 E Oak Ridge Dr | Property Details | No Agent List