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$1,325,000

2419 Cherry Ln, Kingsland, TX, 78639

$1,545,034 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$427.14 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringWood

Exterior

Private PoolPrivate Pool

Building Information

Year Built2023
Stories2
Roof Type112
Garage Spaces2

Land Information

APN16519
Lot Number65
SubdivisionFred Wood
Land UseResidential
Legal DescriptionFRED WOOD UNIT 5 LT 65
Census Tract970501
Assessed Land Value$6,300
Assessed Improvement Value$855,360
Assessment Year2025

About this property

THE BEST OF THE LAKE LIVING! This gorgeous 4 bdrm, 3.5 bath Modern Farmhouse masterpiece is 3,102 sqft and a premiere location on an oversize lot closest to the amenities of the exclusive GATED subdivision of The Cove at Lake LBJ . This neighborhood is on 4+ acres and consists of 10 newly constructed modern farmhouse single family homes ranging from 2932 to 3429 SqFt with 4 & 5 bedrooms, 3.5 bathrooms, professionally designed & sleep 12-16 people per residence. This home boasts the finest in materials including hardwood floors, quartz counter tops in the large kitchens & bathrooms, designer finishes, & one bedroom as an over-the-top bunk room, laundry rooms upstairs as well as downstairs, and a private heated splash pool in the fenced private yard. The community features a regulation pickleball 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. Also, residents can choose to secure a designated boat dock for an additional $100,000. 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 also 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. Come take a look today!

Investor Tools

$3,618,263Estimated Mortgage Balance
$1,312,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,545,034
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,950 /month
Positive
Cash Flow Estimate:
$2,650 /month

Interested in this property?

Lesli Akers

Keller Williams - Lake Travis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,619
$861,660
2025
$6,300
$855,360
$861,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,619
$861,660

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
$3,618,263
N/A
0%
276%
$23,085/mo

City: Kingsland

2419 Cherry Ln | Property Details | No Agent List