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$1,161,000

216 Lipizzan Ln, Driftwood, TX, 78619

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,215 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$381.03 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Electric Oven, Propane Cooktop, Water Heater, Water Softener Owned
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size1.63 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR153426
Lot Number46
SubdivisionThe Preserve At La Ventana Phase Three
Land UseResidential
Legal DescriptionTHE PRESERVE AT LA VENTANA PHASE THREE, LOT 46, ACRES 1.63 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$251,340
Assessed Improvement Value$979,260
Assessment Year2025

About this property

Welcome to your dream home in the heart of the Texas Hill Country! This beautiful custom stone home sits on a private beautifully landscaped 1.63-acre cul-de-sac lot, offering tranquility and seclusion from your neighbors. Siding the equestrian trail and surrounded by magnificent oak trees, this property boasts a private park-like space with no neighbors in view, ensuring ultimate privacy. Upon entering the gated entrance to this premier hill country subdivision, you'll be greeted by the sight of our very own majestic La Ventana Longhorns. As you drive through the grand entrance gates, you'll often encounter the beauty of nature, including white-tail deer, foxes, bunny rabbits, axis deer, blue birds, and the rare painted buntings. This exceptional recently constructed custom home features a spacious living room with opened beamed ceilings and a stone fireplace, a separate media room with opened beamed tray ceiling, formal dining room with open beamed tray ceiling, large island chef’s kitchen, open to the family room, offers abundant natural light throughout and stainless-steel appliances. The primary suite features tray ceilings, spa- like primary bathroom includes dual separate vanities, free standing soaking tub and a large walk-in shower. Outside, you'll find an enormous very private yard, and a large, covered patio perfect for outdoor activities and relaxation. At the rear of the property, you will find a highly desirable detached 45 x 30 workshop that could be ideal for a future casita. The community of La Ventana offers an array of exceptional amenities: driving range, tennis or pickleball courts, gyms, saunas, putting green, pools, Flat Creek access, BBQ pavilion and host unforgettable events at the spacious club house, which features a commercial kitchen for all your entertaining needs and a large, covered patio with an impressive 2 story stone fireplace. Super Low TAX RATE 2023 1.4% HOA Dues are only $121/month

Investor Tools

Property Icon
$1,161,000
Estimated Property Value
$948,000Estimated Mortgage Balance
$221,263Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,350 /month
Positive
Cash Flow Estimate:
$2,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,244/month
$121/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,119
$879,513
2025
$251,340
$979,260
$1,230,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,119
$879,513

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,169,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$121/mo
+$2,029/mo
2.2%

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: Driftwood

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216 Lipizzan Ln | Property Details | No Agent List