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$349,000

518 Whitecap Drive, El Lago, TX, 77586

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,047 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.49 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesDock
Lot Size8,777 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN0971130000004
Lot Number4
SubdivisionEl Lago Estates
Land UseResidential
Legal DescriptionLT 4 BLK 4 EL LAGO ESTATES SEC 6
Census Tract341501
Assessed Land Value$78,093
Assessed Improvement Value$151,097
Assessment Year2025

About this property

Tucked into the waterfront community of El Lago, this beautifully updated 4-bedroom home brings together light, airy design and everyday functionality. With a neighborhood boat launch just minutes away, life here feels a little more relaxed. Inside, you’ll love the fresh timeless updates, updated windows, and recently replaced roof. The oversized butler’s pantry with an extra sink adds both charm and convenience, while the primary suite features a stunning walk-in shower designed to feel like your own private retreat. Need extra space? The large bonus room could easily be a home office, game room, or even a 5th bedroom. Outside, the picturesque backyard and detached garage/workshop give this home even more flexibility. Stylish, functional, and truly ready for its next owners — this one is easy to fall in love with.

Investor Tools

$0Estimated Mortgage Balance
$375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Ashley Wickander

Green And Associates, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,846
$229,190
2025
$78,093
$151,097
$229,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,846
$229,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameriquest Mtg Company
Credit Line (Revolving) / Heloc
$100,000
No
First
N/A
Dec 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
N/A
+$2,420/mo
7.7%

City: El Lago

518 Whitecap Drive | Property Details | No Agent List