$338,000
NAL Estimated Property Value432 Summit Ridge Dr N, Point Venture, TX, 78645
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Microwave, Free-Standing Range, Electric Water Heater
FlooringCarpet, Tile
Exterior
Lot Size7,719 sqft
Building Information
Year Built2001
Stories1
Roof Type105
Garage Spaces2
Land Information
APN01508004020000
Lot Number715
SubdivisionPoint Venture Sec 3-2
Land UseResidential
Legal DescriptionLOT 715 POINT VENTURE SEC 3-2
Census Tract037600
Assessed Land Value$60,432
Assessed Improvement Value$272,062
Assessment Year2025
About this property
Extremely well-cared-for lake cottage in the sweet village of Point Venture. 3/2 well-built home with lovely trees, a wall of windows overlooking the wooded backyard. Sweet surprise peek view of Lake Travis from the back porch. Plenty of parking for your boat AND RV in the extra-long driveway. Tons of natural light and stone fireplace give a comfortable feeling of home. Large living room with open concept breakfast and kitchen opens to both. Make this your primary home or a sweet weekend lake getaway.FEMA - Unknown Restrictions: Yes
Investor Tools
$338,000
Estimated Property Value
$259,765Estimated Mortgage Balance
$78,730Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
$100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,921
$332,494
2025
$60,432
$272,062
$332,494
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,921
$332,494
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laxmi Narayan Enterprises Inc
Conventional
$285,000
No
First
Aug 11, 2021
Sep 2036
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,765
$72,729
21%
77%
$1,709/mo
