$920,000
NAL Estimated Property Value361 Towering Cedar Dr, Driftwood, TX, 78619
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile
Exterior
Lot Size2.63 acres
Building Information
Year Built2017
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR129869
Lot Number43
SubdivisionRim Rock Phase Three Sec Three
Land UseResidential
Legal DescriptionRIM ROCK PHASE THREE SEC THREE, BLOCK B, LOT 43, ACRES 2.6288 TAX CODES:RSP,SDS,WGH2
Census Tract010912
Assessed Land Value$495,630
Assessed Improvement Value$651,560
Assessment Year2025
About this property
Immaculate 4/4 built in 2017 featuring a thoughtful floorplan. All 4-bedrooms & office are on the lower level, laid out in 4 separate wings, enhancing privacy. Flex room up w/full bath. White cabinetry, granite in the kitchen,baths, & wood-tile flooring. The master is a retreat taking advantage of the views while the bath is a spa-like oasis. 2.6-acre lot w/Tuff Shed for storage/workshop. Dripping Springs Schools, zoned for the new Sycamore elementary & middle. 25 minutes to Downtown Austin! 2.2% tax rateFEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$920,000
Estimated Property Value
$455,296Estimated Mortgage Balance
$466,545Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,520 /month
Positive
Cash Flow Estimate:
$1,840 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,462/month
$375/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,942
$906,028
2025
$495,630
$651,560
$1,147,190
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,942
$906,028
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$510,400
No
First
Aug 27, 2020
Sep 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,296
$456,704
50%
49%
$3,061/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$3,436/mo
$-946/mo
3.2%
