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Days363Days on Market
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$2,290,000

343 Covered Wagon Way, Driftwood, TX, 78619

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,849 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$594.96 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesOven, Built-In Electric Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Plumbed For Ice Maker, Propane Cooktop, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Water Purifier, Water Purifier Owned, Water Purifier Rented, Water Softener, Water Softener Owned
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size9.89 acres

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR110451
Lot Number404
SubdivisionLa Ventana Phase 5
Land UseResidential
Legal DescriptionLA VENTANA PHASE 5, LOT 404, ACRES 9.89 TAX CODES:RSP,SHA,ACCD
Census Tract010812
Assessed Land Value$1,641,580
Assessed Improvement Value$1,007,890
Assessment Year2025

About this property

Welcome to this rare equestrian estate nestled on nearly 10 private acres in the prestigious gated community of La Ventana. $154,000 Below 2026 Tax Appraisal! This stunning single-story custom stone home with a standing seam metal roof sits on a peaceful cul-de-sac and is accessed via a long, paver-lined driveway that winds through a private, tree-lined setting. Designed with both elegance and function in mind, this 4-bedroom, 3.5-bath residence offers an open-concept layout flooded with natural light and high-end finishes throughout. The heart of the home features soaring ceilings and a spacious family room with a dramatic floor-to-ceiling stone fireplace, seamlessly flowing into the chef’s kitchen and dining area. The kitchen is a culinary dream, complete with dual oversized granite islands, top-of-the-line Thermador stainless appliances, pendant lighting and beautiful cabinetry. Each bedroom includes its own en-suite bath for maximum privacy, and the home also boasts a dedicated home theater with a 120” screen, a fitness room with mirrored walls and cushioned flooring, and direct access to the outdoor living area. The luxurious primary suite offers serene Hill Country views, sitting area, and a spa-like bath with a soaking island tub, walk-in shower, & expansive closet with built-in dresser. Step outside to your own private resort—featuring a sparkling in-ground pool, spa, covered patio, and a fenced backyard perfect for entertaining or simply soaking in the tranquil surroundings and abundant wildlife. La Ventana’s unmatched community amenities include a gated entrance, lodge-style clubhouse with pools and spas, fitness center, meeting areas, commercial kitchen, driving range, putting green, tennis and pickleball courts, playground, BBQ areas, and dedicated walking and horseback riding trails—all with private access to scenic Flat Creek. Bring your horses and experience Hill Country luxury living at its finest. $279,470 Below Tax Appraisal, 2025

Investor Tools

Property Icon
$2,376,000
Estimated Property Value
$375,000Estimated Mortgage Balance
$2,092,084Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,256 /month
Positive
Cash Flow Estimate:
$4,752 /month

Interested in this property?

Stacy Bass

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,327/month
$133/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,041
$1,877,855
2025
$1,641,580
$1,007,890
$2,649,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,041
$1,877,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Building Or Construction Loan
$375,000
No
First
Apr 25, 2015
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,757
$2,091,243
88%
12%
$2,249/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: Driftwood

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343 Covered Wagon Way | Property Details | No Agent List