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$64,000

NAL Estimated Property Value

245 Heatherwood DR 2, Driftwood, TX, 78619

$83,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
price_per_sqft$225 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringConcrete, Tile, Vinyl

Exterior

Exterior FeaturesExterior Steps

Land Information

APNR144531
SubdivisionHeatherwood Condominiums
Land UseResidential
Legal DescriptionHEATHERWOOD CONDOMINIUMS, UNIT 2, 5.88% COMMON AREA INTEREST, (PH 1) TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$58,690
Assessment Year2025

About this property

Welcome to a charming enclave of homes tucked away in the heart of the Texas Hill Country. Located in a small, private circle within a thoughtfully planned condo regime, this brand-new craftsman-style home blends style, function, and serenity. Featuring 3 bedrooms and 2 full baths, this home provides an open-concept layout with a seamless flow between the living, dining, and kitchen areas. Abundant natural light, a neutral designer palette, and durable hard-surface flooring (concrete, luxury vinyl plank, and tile) enhance the modern aesthetic. The kitchen is a standout with quartz countertops, shaker-style cabinetry, subway tile backsplash, stainless steel appliances, and a center island ideal for meal prep or casual dining. A built-in desk in the kitchen area adds functionality, making work-from-home days a breeze. Retreat to the private primary suite, where you'll find a crisp bathroom with a large dual-sink vanity, great cabinet storage, shower/tub combo and a walk-in closet. Additional highlights include a dedicated laundry room with extra storage, a covered patio with ceiling fan, and a generous backyard backing to peaceful green space. Enjoy added privacy with partial wood fencing, convenient outdoor parking, and access to community amenities like a playground and sport court. Located within the highly acclaimed Dripping Springs ISD. Easy access to Dripping Springs, Austin, Wimberley, and Buda—this home is your gateway to everything the Hill Country has to offer.

Investor Tools

Property Icon
$64,000
Estimated Property Value
$221,966Estimated Mortgage Balance
$64,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$83,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$103/month
$80/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$918
$58,690
2025
$58,690
N/A
$58,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$918
$58,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$224,250
No
First
Oct 15, 2025
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,966
N/A
0%
347%
$1,345/mo

City: Driftwood

245 Heatherwood DR 2 | Property Details | No Agent List