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

$1,200,800

NAL Estimated Property Value

282 E Summit Drive, Wimberley, TX, 78676

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,740 Sq Ft
price_per_sqft$437.96 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Double Oven, Electric Cooktop
FlooringCarpet, Ceramic Tile

Building Information

Year Built1983
Garage Spaces2

Land Information

APNR25566
Lot Number5-6
SubdivisionCypress Creek Acres
Land UseResidential
Legal DescriptionCYPRESS CREEK ACRES, LOT 5-6 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$1,094,080
Assessed Improvement Value$106,720
Assessment Year2025

About this property

Unique architectural modern home on 2 lots on Cypress Creek. Views abound from the second story of the wooden deck facing the secluded creek. Large windows let in ample light in this beautiful 3.5 story home. No wall has a 90 degree angle, this home is a true custom one of a kind floor plan featuring 3 bedrooms & 2 baths with a 2 car garage & gated entry. Open concept kitchen & dining which lead out to one of the deck areas. Loft area could be an office or craft room. A large living room on the main floor leads out to the first story deck, then on out to the large grassy yard area. Then entire property is meticulously landscaped with native and hardy plants. Don't miss this amazing waterfront property!

Investor Tools

Property Icon
$1,200,800
Estimated Property Value
$883,963Estimated Mortgage Balance
$316,837Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,205 /month
Positive
Cash Flow Estimate:
$2,402 /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
$1,592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,095
$1,200,800
2025
$1,094,080
$106,720
$1,200,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,095
$1,200,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$968,000
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$883,963
$316,837
26%
74%
$5,804/mo

City: Wimberley

282 E Summit Drive | Property Details | No Agent List