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$176,760

NAL Estimated Property Value

4680 Tamarack Dr, May, TX, 76857

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,170 Sq Ft
price_per_sqft$85.47 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesSome Gas Appliances, Dryer, Microwave, Plumbed For Gas, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Lot Size6,251 sqft

Building Information

Year Built1986

Land Information

APN47062
Lot Number214
SubdivisionThunderbird Bay Section I
Land UseResidential
Legal DescriptionTHUNDERBIRD BAY SECTION I, LOT 214
Census Tract950100
Assessed Land Value$5,630
Assessed Improvement Value$171,130
Assessment Year2025

About this property

Calling all investors, rehabbers, flippers, and Airbnb enthusiasts! This two-story log cabin is packed with potential and ready for someone with vision to bring it back to life. With solid bones, rustic charm, and a desirable lake community location, this property offers an outstanding value-add opportunity. The home needs repairs but it could be an investors dream. The home features 2 bedrooms, 2 full bathrooms, and a flexible floor plan that can appeal to vacation renters, weekend lake-goers, or full-time residents. The lower level offers an open-concept living room with a wood-burning fireplace, kitchen, dining area, oversized pantry, laundry room, one bedroom, and one full bath. Upstairs, you'll find a second bedroom, full bath, and an open loft overlooking the living area, creating additional sleeping or recreation space. A staircase leads to the elevated front patio, perfect for relaxing after renovations are complete. Underneath the patio is a two-car carport and a large storage room, offering ample space for vehicles, tools, boats, and lake equipment. The backyard is ready for a makeover and has the potential to become a private outdoor retreat. Imagine creating an inviting entertaining space where guests can relax while watching the deer that frequently roam through the neighborhood. Located in Thunderbird Bay at Lake Brownwood, owners enjoy access to community amenities including a swimming pool, boat dock, and lake access, all with an HOA fee of $250 a year.

Investor Tools

Property Icon
$176,760
Estimated Property Value
$0Estimated Mortgage Balance
$176,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$130,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,061 /month
Positive
Cash Flow Estimate:
$354 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$418
$176,760
2025
$5,630
$171,130
$176,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$418
$176,760

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$176,760
100%
0%
$0/mo

City: May

4680 Tamarack Dr | Property Details | No Agent List