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$1,587,000

NAL Estimated Property Value

5966 Mahotea Boone Trl, Westlake, TX, 76262

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$660.88 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Storage, Other, Garden
Lot Size1.99 acres

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN6455--4
Lot Number4
SubdivisionCarpenter Addition
Land UseResidential
Legal DescriptionCARPENTER ADDITION LOT 4
Census Tract113953
Assessed Land Value$848,500
Assessed Improvement Value$269,473
Assessment Year2025

About this property

WESTLAKE Home on Acreage with NO HOA! This STUNNING modern contemporary home is nestled on a gorgeous 1.98 acres embraced by majestic woods. This home boasts clean lines, expansive windows and an open concept living that seamlessly integrates indoor and outdoor spaces. Featuring soaring ceilings allowing for plenty of natural lighting. Upstairs showcases a loft with a fireplace or enjoy the scenic views from the balcony. The luxurious primary suite is a retreat within itself offering a spa-like en-suite bathroom and its own balcony. On the lower level, the kitchen draws your gaze through its generous window, providing a captivating view over the sink area. This level also offers a charming fireplace and includes a spacious dining area with oversized windows. Situated in the prestigious community of Westlake, residents enjoy easy access to upscale shopping, dining, and entertainment, along with top-rated schools and proximity to major highways.

Investor Tools

Property Icon
$1,587,000
Estimated Property Value
$1,322,171Estimated Mortgage Balance
$264,829Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,401
$1,117,973
2025
$848,500
$269,473
$1,117,973
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$19,401
$1,117,973

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Conventional
$1,360,000
No
First
Oct 20, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,322,171
$264,829
16%
83%
$9,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$9,039/mo
$-6,879/mo
1.6%

Learn About the Market: Opportunity in Texas

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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.

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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: Westlake

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5966 Mahotea Boone Trl | Property Details | No Agent List