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$475,101

NAL Estimated Property Value

301 Summer Hill Dr, Fredericksburg, TX, 78624

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.56 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener, Gas Water Heater
FlooringCarpet, Tile

Exterior

Lot Size9,204 sqft

Building Information

Year Built2000
Roof Type115
Garage Spaces2

Land Information

APN75642
Lot Number170
SubdivisionHeritage Hill Country #2w
Land UseResidential
Legal DescriptionHERITAGE HILL COUNTRY #2W LOT 170
Census Tract950402
Assessed Land Value$136,680
Assessed Improvement Value$368,140
Assessment Year2025

About this property

Heritage Hills Gated Community 55+ Living! Located in the hill country of Fredericksburg Texas! This single story 3 bedroom, 2 bath with open floor plan was built in 2000, approx. 2154. Newly updated kitchen counter tops, fresh paint throughout the home. Double hung windows for plenty of natural light, can also tilt inward for easy cleaning. 16x14 covered back porch, storage/workshop with electricity. The community offers a clubhouse, swimming pool, nature trails and more. Must see to appreciate!

Investor Tools

Property Icon
$475,101
Estimated Property Value
$160,609Estimated Mortgage Balance
$314,492Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,851 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,099
$475,101
2025
$136,680
$368,140
$504,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,099
$475,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$185,000
No
First
Aug 6, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,609
$314,492
66%
34%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,828/mo
$1,480/mo
+$348/mo
4.6%

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: Fredericksburg

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301 Summer Hill Dr | Property Details | No Agent List