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$384,170

NAL Estimated Property Value

344 Meadow Ln, Martindale, TX, 78655

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,906 Sq Ft
price_per_sqft$110.18 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Self Cleaning Oven, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
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%

City: Martindale

344 Meadow Ln | Property Details | No Agent List