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B+
NoAgentList RatingHow are grades calculated? Info

$1,186,000

505 Highlander St, Lakeway, TX, 78734

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,001 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.2 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Double Oven, Free-Standing Range, Refrigerator, Electric Water Heater, Wine Refrigerator
FlooringStone

Exterior

Private PoolPrivate Pool
Lot Size30,801 sqft

Building Information

Year Built2008
Stories1
Roof Type104
Garage Spaces4

Land Information

APN01418001150000
Lot Number327
SubdivisionLakeway Sec 3
Land UseResidential
Legal DescriptionLOT 327 LAKEWAY SEC 3
Census Tract033100
Assessed Land Value$244,350
Assessed Improvement Value$832,854
Assessment Year2025

About this property

Custom built home on .70 Acre. Backs to scenic ravine and wooded area. Tremendous sunsets and Hill Country views. Loaded with high-end finishes including; Granite surfaces, designer accents and lighting, Subzero refrigerator and wine cooler, Wolf Range, and stone flooring. Don't miss the 'secret' room behind the bookshelves! Resort style pool added 2011 with spa and lounge areas. Sweeping patio to take in sunsets and wooded views. Four bedrooms, 4.5BTH, Office, 3 car garage. Office on main levelFEMA - Unknown Restrictions: Unknown Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,186,000
Estimated Property Value
$1,059,700Estimated Mortgage Balance
$218,298Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,116 /month
Positive
Cash Flow Estimate:
$2,372 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,743/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,986
$1,077,204
2025
$244,350
$832,854
$1,077,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,986
$1,077,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$1,059,700
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$969,529
$168,471
14%
82%
$6,354/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,330/mo
$6,354/mo
$-3,024/mo
3.4%

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: Lakeway

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505 Highlander St | Property Details | No Agent List