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$384,170

NAL Estimated Property Value

344 Meadow Ln, Martindale, TX, 78655

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,906 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.18 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size21,911 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN1000879-002-009-00
Lot Number9
SubdivisionSpring River Estates
Land UseResidential
Legal DescriptionSPRING RIVER ESTATES, BLOCK B, LOT 9, ACRES .503
Census Tract960501
Assessed Land Value$31,500
Assessed Improvement Value$352,670
Assessment Year2025

About this property

Looking for elbow room & a place w/storage? This .5 ac tract has a Texas limestone rock, 3br/2.5ba house, covered front porch, workshop, storage bldg, covered rv/boat parking, xtra 2 slot carport, private yard, oaks & options to access/float San Marcos River. Interior boasts matching rock fireplace w/hearth, an office area, main br & 1.5ba down & 2br/1ba up. Wood look flooring is recently installed, commercial grade, LVT product. Minor water entry Memorial weekend 2015 & none w/Halloween floods.FEMA - Unknown

Investor Tools

Property Icon
$384,170
Estimated Property Value
$172,311Estimated Mortgage Balance
$212,187Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,305 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,422
$384,170
2025
$31,500
$352,670
$384,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,422
$384,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$189,050
No
First
Aug 6, 2021
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,311
$211,859
55%
45%
$1,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,631/mo
$1,134/mo
+$497/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Martindale

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344 Meadow Ln | Property Details | No Agent List