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$791,000

22 Drifting Wind Run, The Hills, TX, 78738

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,707 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.25 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size12,118 sqft

Building Information

Year Built1993
Stories1
Roof Type104
Garage Spaces2

Land Information

APN01338008010000
Lot Number207
SubdivisionHills Of Lakeway Phs 1 The
Land UseResidential
Legal DescriptionLOT 207 HILLS OF LAKEWAY PHS 1 THE
Census Tract036900
Assessed Land Value$387,100
Assessed Improvement Value$284,476
Assessment Year2025

About this property

Great 1-story, corner lot w/ circle drive, 4/3 or 3/3 plus office, formal dining & living, family room, kitchen opens to family room & breakfast nook, mother-in-law floor plan, spacious master suite & large bathroom w/ dbl vanity, separate tub & shower, walk-in closet & patio access. Covered back patio and small private backyard. Hardwood floors, tile and carpet only in bedrooms. Some updates. This will go fast! Should have professional photos by the weekend and hit the market no later than next week.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$791,000
Estimated Property Value
$429,300Estimated Mortgage Balance
$413,514Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,062/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,793
$671,576
2025
$387,100
$284,476
$671,576
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,793
$671,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintrust Mortgage
Conventional
$429,300
No
First
Mar 19, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,486
$391,514
50%
48%
$2,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,610/mo
$3,049/mo
$-439/mo
4.0%

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: The Hills

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