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$527,000

NAL Estimated Property Value

408 SAILMASTER ST B, Lakeway, TX, 78734

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,997 Sq Ft
price_per_sqft$330.25 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Exhaust Fan, Electric Water Heater, Free Standing Range, Disposal, Microwave, Oven, Self Cleaning Oven, Stainless Steel Appliances
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard, Uncovered Courtyard
Lot Size5,889 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01417305620000
Lot Number40B
SubdivisionLohmans Crossing Estates Sec 1 Resub Of
Land UseResidential
Legal DescriptionLOT 40B LOHMANS CROSSING ESTATES SEC 1 RESUB OF LOT 40 BLOCK B
Census Tract033600
Assessed Land Value$242,000
Assessed Improvement Value$209,398
Assessment Year2025

About this property

This home sits on a stunning setting overlooking the Hamilton Greenbelt and a dry creek bed that babbles during the normal periods of Hill Country rainfall. Walk past the manicured front lawn to open the welcoming entrance gate, and you are at once surrounded by a totally private courtyard with a host of colorful flowers. In the evening, you will surely enjoy the lights that seem to dance off the fountain which adds a sense of peace to this private space. Once inside, you will notice the open interior that has been revisioned with a soothing color palette and a jaw dropping wall of windows overlooking the exterior deck and the greenbelt. The light and bright kitchen features a picture window overlooking the courtyard, stainless steel appliances, an open breakfast counter, and a traditional center island. The open floor plan flows directly out to the outdoor private deck which will quickly become your favorite place to read and relax. The interior pictures of this home will certainly make you want to put this on your "Must see" list. Let's not overlook the many values that the Lakeway community has to offer. Originally designed has a hill country get-a-way for wealthy people from Houston and Dallas, today Lakeway has become a suburban oasis for people who enjoy the resort lifestyle while being a short 25 minutes from downtown Austin. There are 4 private golf courses, several tennis facilities, and a public air strip for those to enjoy the aviation lifestyle. Bonus feature: there are 3 popular public pickel-ball courts within 50 yards of your front door. In 1963, Lakeway was originally designed as a resort style lakefront community. Today we have 3 public marinas with lots of boats and unlimited lake activities. Lake Travis is a 62 mile long lake. Residents enjoy hiking, biking, boating, golf, and neighborly get togethers. This home is in the esteemed Lake Travis ISD. Come enjoy the resort lifestyle all the time. Welcome home!

Investor Tools

Property Icon
$527,000
Estimated Property Value
$0Estimated Mortgage Balance
$527,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,957 /month
Positive
Cash Flow Estimate:
$1,319 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,089
$451,398
2025
$242,000
$209,398
$451,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,089
$451,398

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$527,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
N/A
+$2,880/mo
6.6%

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.

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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: Lakeway

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408 SAILMASTER ST B | Property Details | No Agent List