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$1,019,000

NAL Estimated Property Value

39 Cottondale Rd, The Hills, TX, 78738

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$321.01 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Electric Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size19,776 sqft

Building Information

Year Built1986
Stories2
Roof Type104
Garage Spaces6

Land Information

APN01357603240000
Lot Number822
SubdivisionHills Of Lakeway Phs 8 The
Land UseResidential
Legal DescriptionLOT 822A HILLS OF LAKEWAY PHS 8 THE AMENDED PLAT OF LOT 729 & LOT 822 HILLS OF LAKEWAY PHS 9
Census Tract036900
Assessed Land Value$516,432
Assessed Improvement Value$466,646
Assessment Year2025

About this property

Located on a rare double lot in the gated golf community of The Hills, this well-maintained home offers Hill Country charm, a spacious layout, and a private backyard retreat. With the primary suite and an additional bedroom on the main level, plus two bedrooms and a game room upstairs, this home offers the convenience and ease of a single-story layout with the added flexibility of additional space on the second floor. Inside, the home features high ceilings, custom stone accents, built-ins throughout, and warm, inviting spaces that provide a cozy and comfortable feel. The living area seamlessly connects to the kitchen and dining space, creating a functional layout for both everyday living and entertaining. The backyard is built for relaxation, featuring a pool, shaded patio, and lush landscaping for added privacy. A 5-car garage, including a 3-car detached garage connected by a covered breezeway, provides ample storage and the potential for a casita, home gym, or studio. The Hills offers an exceptional lifestyle, with top-tier golf courses, tennis, swim, fitness, and dining at The Hills, Flintrock, Live Oak, and Yaupon. Residents also enjoy a private playground, sport court, dog park, walking trails, and a variety of neighborhood social activities, making it a vibrant and welcoming community. Situated near the main entrance of The Hills, this home offers easy access in and out of the community. Kids can walk or bike to Lakeway Elementary. LTISD Schools and LOW TAXES! *Buyer to independently verify all info including but not limited to square footage, restrictions, taxes, schools, HOA dues, year built, etc.

Investor Tools

Property Icon
$1,019,000
Estimated Property Value
$808,007Estimated Mortgage Balance
$208,993Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,150 /month
Positive
Cash Flow Estimate:
$2,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,344/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,028
$852,106
2025
$516,432
$466,646
$983,078
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,028
$852,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Conventional
$820,000
No
First
May 14, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$808,007
$208,993
20%
79%
$4,917/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$5,617/mo
$-2,597/mo
3.6%

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.

Explore Texas Explore This Area
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: The Hills

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39 Cottondale Rd | Property Details | No Agent List