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Owner Contacts

$255,000

NAL Estimated Property Value

288 Ballard St, Tow, TX, 78672

Off Market

4 Beds

2 Bath

2,166 Sq Ft

Single Family Residence

$137.12 / sqft

Built in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop, Microwave, Refrigerator

FlooringCarpet, Vinyl

Exterior

Private Pool

Exterior FeaturesLighting, Private Yard

Lot Size10,799 sqft

Building Information

Year Built1980

Stories2

Roof Type104

Garage Spaces4

Land Information

APN15363

Lot Number23,24

SubdivisionBuchanan Lake Village

Land UseResidential

Legal DescriptionBUCHANAN LAKE VILLAGE UNIT 5 LTS 23 & 24

Census Tract970100

Assessed Land Value$28,440

Assessed Improvement Value$194,860

Assessment Year2025

About this property

Welcome to 288 Ballard, a delightful 2-bedroom, 2-bathroom home nestled in the heart of Buchanan Lake Village. This spacious 2166 sq. ft. home sits on three lots, totaling 0.37 acres, offering plenty of room to relax and enjoy the serene surroundings. Designed with a split floor plan, this home is perfect for hosting guests or providing privacy for family members. The primary bedroom and bathroom are conveniently located downstairs, while two additional bedrooms, a second bathroom, the kitchen, and the laundry area are all upstairs. The fully fenced yard provides a safe space for pets or outdoor activities, and the attached two-car garage offers ample storage for vehicles, lake toys, or workshop space. Located just moments from beautiful Lake Buchanan, this property is ideal for those seeking a peaceful retreat or a full-time residence in a charming lakeside community. Buchanan Lake Village offers 2 boat ramps and multiple home owner parks! Don’t miss this opportunity to own a slice of Texas Hill Country paradise!

Investor Tools

$255,000

Estimated Property Value

$11,038Estimated Mortgage Balance

$243,987Estimated Equity

96% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,782 /month

Positive

Cash Flow Estimate:

$594 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$315/month

$60/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,505

$223,300

2025

$28,440

$194,860

$223,300

Tax History

Year

Tax Paid

Assessed Value

2025

$2,505

$223,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Reynol P Gray

Purchase Money Mortgage

$13,000

First

Oct 3, 2018

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$11,038

$352,962

96%

$78/mo

Learn About the Market: Opportunity in Texas

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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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