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$368,687

515 Wood Forest DR, Kingsland, TX, 78639

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.21 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size34,848 sqft

Building Information

Year Built1993
Stories1
Roof Type112
Garage Spaces2

Land Information

APN21882
Lot Number20
SubdivisionWood Forest Ranchettes
Land UseResidential
Legal DescriptionWOOD FOREST RANCHETTES BLK D PT OF LT 20 0.800 AC
Census Tract970502
Assessed Land Value$19,200
Assessed Improvement Value$370,530
Assessment Year2025

About this property

Enjoy country living in this cute rustic home situated on 3 unrestricted acres. Have your coffee or cocktails in the huge screened in porch. Corrugated metal ceilings, cedar siding on one wall, and a wood burning stove make for a cozy living room. The owner has also incorporated some decorating touches that will make anyone who loves our great State of Texas happy. 1 older storage shed close to house and 1 very nice shed/garage/workshop/mancave make for a nice addition to the property. The one beige colored metal shed next to the large shop will NOT convey. Also included is hardwood flooring that was previously purchased for the living room. There is also an extra condensing unit for the AC that will stay.

Investor Tools

Property Icon
$368,687
Estimated Property Value
$0Estimated Mortgage Balance
$368,687Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,212 /month
Positive
Cash Flow Estimate:
$737 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$738
$368,687
2025
$19,200
$370,530
$389,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$738
$368,687

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$368,687
100%
0%
$0/mo

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: Kingsland

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515 Wood Forest DR | Property Details | No Agent List