$5,134,000
NAL Estimated Property Value388 Cortona Dr, West Lake Hills, TX, 78746
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesConvection Oven, Dishwasher, Disposal, Microwave, Double Oven, Refrigerator, Water Softener Owned, Wine Refrigerator
FlooringCarpet, Stone, Wood
Exterior
Exterior FeaturesBalcony, Barbecue, Private Yard
Lot Size1.36 acres
Building Information
Year Built2007
Stories2
Roof Type112
Garage Spaces2
Land Information
APN01131501230000
Lot Number17
SubdivisionCortona Subd
Land UseResidential
Legal DescriptionLOT 17 BLK A CORTONA SUBD
Census Tract001918
Assessed Land Value$1,402,094
Assessed Improvement Value$2,597,906
Assessment Year2025
About this property
Tucked in the Hill Country’s lush landscape is a gem by noted builder Brian Bailey. The French Normandy-style villa celebrates private living with convenience of proximity to dynamic city life. 5 bedrooms, 6 baths and 5 living areas with refined touches exemplify luxury. The elegant wine room, handcrafted cabinetry, master suite steam shower and an outdoor retreat with multi-tiered glittering pool, waterfall, meditative grotto, and alfresco entertaining round out the home’s magnificence.FEMA - Unknown
Investor Tools
$5,134,000
Estimated Property Value
$2,015,146Estimated Mortgage Balance
$3,118,854Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$30,804 /month
Positive
Cash Flow Estimate:
$10,268 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7,715/month
$495/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$66,913
$4,000,000
2025
$1,402,094
$2,597,906
$4,000,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$66,913
$4,000,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$2,250,000
No
First
Dec 15, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,015,146
$2,893,854
58%
39%
$13,490/mo
