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$1,355,000

NAL Estimated Property Value

2411 Cherry Ln, Kingsland, TX, 78639

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$399.94 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip, Private Yard

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APN16483
Lot Number63
SubdivisionFred Wood
Land UseResidential
Legal DescriptionFRED WOOD UNIT 5 LT 63
Census Tract970501
Assessed Land Value$6,300
Assessed Improvement Value$833,810
Assessment Year2025

About this property

LOCK AND LEAVE LUXURY LAKE LIFESTYLE! This fabulous open 3,429 sqft, 5 Bdrms, 3.5 Baths complete with designer colors, private completely fenced back yd with heated splash pool is ideally located within The Cove at Lake LBJ, a gated 4+ acres community consisting of 10 newly constructed modern farmhouse single family homes, professionally designed & sleep 12-16 people per residence for the ultimate in entertaining or a great STR income opportunity. This home boasts the finest in materials including hardwood floors, quartz counter tops in the large kitchen & bathrooms, custom finishes, & one bedroom as an over-the-top bunk room, laundry rooms upstairs as well as downstairs, the primary bedroom is on the main level along with 2 living areas and the upstairs features a central game room plus 3 bedrooms and a large bunkroom. The community features a regulation pickle ball court, also with use as a basketball court, a covered pavilion with grills, flat screen tv, dining areas, lounging areas as well as uncovered lounge areas, all under the towering oak shade trees & overlooking the lake. Just steps away are the 8 boat slips & a slip for jet ski’s & easy access for kayaking & stand-up paddleboards. Tucked in a cove right off open water makes this a highly desirable & user-friendly watersports haven. There is also a convenient onsite parking lot for visitors parking as well as extra parking. The Cove at LBJ is just minutes from world class golfing. Enjoy wine tasting in the Hill Country, shopping, casual or fine dining or all-day enjoyment on the lake & in your private home. Residents can choose to secure a designated boat dock for an additional $100,000 . Come take a look today!

Investor Tools

Property Icon
$1,355,000
Estimated Property Value
$2,566,954Estimated Mortgage Balance
$1,355,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,214 /month
Positive
Cash Flow Estimate:
$2,738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$3,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$150
$35,688
2025
$6,300
$833,810
$840,110
No

Tax History

Year
Tax Paid
Assessed Value
2025
$150
$35,688

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Foundation Cref Funding Ii Llc
Commercial
$2,000,000
No
First
May 31, 2022
Jun 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,566,954
N/A
0%
189%
$16,489/mo

City: Kingsland

2411 Cherry Ln | Property Details | No Agent List