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$486,000

NAL Estimated Property Value

40 Tournament Way # G32, The Hills, TX, 78738

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,387 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$359.77 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Free-Standing Range, Free-Standing Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer/Dryer, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size3,672 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN01358006310003
Lot Number52
SubdivisionGolf Cottages Of Academy Place The Amend
Land UseTownhomes
Legal DescriptionUNT 32 BLD G GOLF COTTAGES OF ACADEMY PLACE THE AMENDED PLUS 4.5455% INTEREST IN COMMON AREA
Census Tract036900
Assessed Land Value$294
Assessed Improvement Value$334,527
Assessment Year2025

About this property

Welcome home to the Golf Cottages of Academy Place. Located in the gated community of The Hills, this beautiful 2 bed, 2 bath home has been meticulously cared for and is move in ready. The open floor plan offers lots of natural light and is perfect for entertaining. Host wonderful dinner parties or enjoy curling up by the wood fireplace on cool Texas evenings. There’s even room for a baby grand piano! The galley kitchen is sure to please with stone counters, stainless steel appliances, tile backsplash plus all appliances convey including the refrigerator, washer and dryer. Both bedrooms are spacious with ensuite baths and walk in closets. Each bath is unique: one with a walk in shower, the other – a tub/shower combination. Lots of storage available in the two car garage with direct access. Recent improvements include HVAC, water heater and windows. Relax and take in the panoramic views from your covered back patio of the practice golf fairway. Enjoy the communities 4 golf courses, parks, basketball court, playgrounds, soccer field, lap pool, kiddie pool, waterslides, and World of Tennis. It is all here waiting for you to call home.

Investor Tools

Property Icon
$486,000
Estimated Property Value
$102,787Estimated Mortgage Balance
$383,596Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,515
$312,087
2025
$294
$334,527
$334,821
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,515
$312,087

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Unknown
$152,000
No
First
Apr 2, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,787
$363,213
77%
21%
$0/mo

City: The Hills

40 Tournament Way # G32 | Property Details | No Agent List