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$311,000

NAL Estimated Property Value

518 Palmer Dr, Point Venture, TX, 78645

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,475 Sq Ft
price_per_sqft$219.66 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven, Stainless Steel Appliance(s)
FlooringVinyl

Exterior

Exterior FeaturesNo Exterior Steps
Lot Size950 sqft

Building Information

Year Built2022
Stories2

Land Information

APN01478314020000
Lot Number241
SubdivisionTownhouse Plat Of Lot 9
Land UseResidential
Legal DescriptionTOWNHOUSE PLAT OF LOT 9 LOT 241
Census Tract037600
Assessed Land Value$60,000
Assessed Improvement Value$217,979
Assessment Year2025

About this property

Welcome to your newly built townhome and the perfect Lake Travis getaway! This townhome would make a great personal residence, weekend getaway, or short term rental! Upon entering, you will be greeted with high ceilings, an open floor plan, and amazing natural light. There is a bedroom downstairs which could make a great work from home space or private space for guests. The kitchen, which opens to the family room, is finished with quartz countertops and stainless steel appliances. Upstairs you will find another bedroom, full bathroom, utility room and primary suite. The primary suite has direct private access to the covered deck, dual vanities and a lovely walk-in shower. Conveniently located near the Point Venture golf course, Caddie Shack, lakefront park, and the delicious Captain Petes restaurant, you have access to all of the amazing Point Venture amenities at your fingertips!*STR's ALLOWED!*

Investor Tools

Property Icon
$311,000
Estimated Property Value
$204,289Estimated Mortgage Balance
$107,052Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,567
$277,979
2025
$60,000
$217,979
$277,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,567
$277,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$214,000
No
First
Oct 19, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,289
$73,690
26%
66%
$1,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,489/mo
+$201/mo
6.5%

City: Point Venture

518 Palmer Dr | Property Details | No Agent List