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Owner Contacts

$28,750

NAL Estimated Property Value

217 Colonial Ln, La Vernia, TX, 78121

Off Market

4 Beds

3 Bath

Built in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms 3

AppliancesDishwasher, Microwave, Oven, Range, Cooktop

FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,019 sqft

Building Information

Garage Spaces2

Land Information

APN0760-02000-11900

Lot Number119

SubdivisionLas Palomas Country Club Est

Land UseVacant Land

Legal DescriptionLAS PALOMAS COUNTRY CLUB EST, LOT 119 (SEC 2), ACRES .230

Census Tract000102

Assessed Land Value$28,750

Assessment Year2025

About this property

Special offer: Seller offering up to $5,000 towards buyer's closing costs or rate buy-down!! Custom 2-story home 1927 sqft. with 4 bedrooms and 3 full bathrooms plus a bonus room. Located in Las Palomas Country Club Estates (La Vernia, TX) on a level 0.23 acre lot in quiet countryside community within the highly desired La Vernia ISD. Large master suite with walk-in closet, full-tile shower, and vanity. Spacious great room open to the kitchen. Kitchen with oversized island, custom wood white painted cabinets and dining area. Wood-look tile flooring in wet areas, living room and master bedroom. Granite countertops throughout. Exterior of home is fully stucco and stone. Includes full sod in front, side and back yard with a full sprinkler system! Olin Johnson Homes is a custom home builder with over 25 years of experience building custom homes. Experience quality craftsmanship in an Olin Johnson Homes. Interested in building a new home? Olin Johnson Homes also has other lots available in La Vernia/Marion.

Investor Tools

$28,750

Estimated Property Value

$137,744Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,279 /month

Positive

Cash Flow Estimate:

$760 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$54/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$502

$28,750

2025

$28,750

N/A

$28,750

Tax History

Year

Tax Paid

Assessed Value

2024

$502

$28,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sierra Pacific Mortgage Co Inc

Conventional

$140,000

First

Jun 5, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$137,744

N/A

479%

$840/mo

Learn About the Market: Opportunity in Texas

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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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