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$399,473

NAL Estimated Property Value

24515 La Ponderosa, Mathis, TX, 78368

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,134 Sq Ft
price_per_sqft$233.83 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesDeck, Hot Tub Spa, Sprinkler Irrigation
Lot Size32,670 sqft

Building Information

Year Built1983
Roof Type112
Garage Spaces4

Land Information

APN0699-0001-0015-000
Lot Number14-15
SubdivisionLa Ponderosa
Land UseOther / Unknown
Legal DescriptionLA PONDEROSA BLK 1 LOT 15 & E/2 LOT 14 BLK 1 (SEE 1045158 FOR BOAT RAMP %)
Census Tract011200
Assessed Land Value$138,521
Assessed Improvement Value$260,952
Assessment Year2025

About this property

This recently updated lakefront property is ready for its new owner! Upon entry you are greeted by an open floor plan, cathedral ceilings, and windows that showcase beautiful outdoor scenery. Large living room flows seamlessly into the kitchen. Kitchen has been updated with gorgeous granite countertops, KraftMaid cabinetry and Kitchen Aid stainless steel appliances. Cabinets are extra deep and feature soft close functionality. The sunroom is the perfect space to relax. Primary bedroom is a great size and has a sliding glass door that leads to a gorgeous deck space. En suite bathroom features walk in shower and a soaker tub. Additional bedrooms are a great size with ample storage space. Entire house has updated luxury vinyl tile and carpet flooring. Outdoor showcases over 1000 square feet of beautiful deck space with a hot tub perfect for relaxing. Property is situated on 2 lots and has 220 feet of lake front. There is also a 20X20 boat house/shop. Some additional updates include, 15 year old metal roof, recent HVAC installed 2025, Kinetico water softener, recent aerobic septic system, Generac 22 KW whole house generator, and many more!

Investor Tools

Property Icon
$399,473
Estimated Property Value
$0Estimated Mortgage Balance
$399,473Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$675
$399,473
2025
$138,521
$260,952
$399,473
No

Tax History

Year
Tax Paid
Assessed Value
2023
$675
$399,473

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$399,473
100%
0%
$0/mo

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: Mathis

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24515 La Ponderosa | Property Details | No Agent List