Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,499,000

243 Emerald Point Cv, Driftwood, TX, 78619

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths3,453 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$434.12 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Built-In Gas Range, Built-In Range, Built-In Refrigerator, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Water Softener Owned
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Outdoor Grill, Private Entrance, Private Yard
Lot Size1.38 acres

Building Information

Year Built2021
Stories2
Roof Type112
Garage Spaces4

Land Information

APNR119226
Lot Number22
SubdivisionThe Preserve At La Ventana Phase Two
Land UseResidential
Legal DescriptionTHE PRESERVE AT LA VENTANA PHASE TWO, LOT 22, ACRES 1.38 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$173,040
Assessed Improvement Value$1,229,930
Assessment Year2025

About this property

Set within the gates of La Ventana in Driftwood, 243 Emerald Point Cove is where modern Hill Country luxury meets precision craftsmanship. Built in 2022 by Alkire Construction and impeccably maintained by its original owner, this 4 bedroom, 4 bathroom estate spans 3,453 square feet of curated design and effortless livability, positioned on a quiet cul de sac. Inside, rich wood flooring flows through expansive living spaces highlighted by elevated finishes and high end designer appliances, including a built in refrigerator seamlessly integrated into custom cabinetry. The primary suite is privately located on the main level, offering a true retreat with spa inspired comfort and refined elegance. Each secondary bedroom features its own bath, providing privacy and flexibility for guests or multigenerational living. This home performs as beautifully as it presents. A metal roof crowns the structure, a propane generator adds peace of mind, and the pool was freshly rebuilt in 2026, complemented by a Jacuzzi and backyard putting green that elevate daily life into a private resort experience. La Ventana offers scale and lifestyle in equal measure. Residents enjoy a renovated two tier resort pool, clubhouse with gym and sauna, pickleball, basketball and tennis courts, a driving range and putting green, equestrian trails, a central corral, play areas, and 125 acres of shared green space. Horses are welcome, lots range from one to five acres, and the community even shares ownership of its iconic longhorns. Located off FM 967 in unincorporated Hays County, Driftwood offers proximity without compromise, just 25 miles to Downtown Austin, 7 miles to Dripping Springs, and minutes from The Salt Lick BBQ, Duchman Family Winery, and Driftwood Estate Winery. This is not just a home, it is a statement. Private, powerful, unmistakably Texas. If you have been waiting for the right Driftwood estate, this is it. Schedule a private showing and see why it stands apart.

Investor Tools

$1,141,592Estimated Mortgage Balance
$342,408Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,316/month
$146/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,378
$1,402,970
2025
$173,040
$1,229,930
$1,402,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,378
$1,402,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$1,036,936
No
First
Jun 18, 2021
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,141,592
$342,408
23%
77%
$5,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$5,748/mo
$-3,258/mo
2.0%

City: Driftwood