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$776,000

602 Flamingo Blvd Fl Amingo, Lakeway, TX, 78734

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.35 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Gas Cooktop, Dishwasher, Disposal, Microwave, Self Cleaning Oven
FlooringCarpet, Concrete

Exterior

Private PoolPrivate Pool
Lot Size16,958 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01398002070000
Lot Number3334
SubdivisionLakeway Sec 31
Land UseResidential
Legal DescriptionLOT 3334 LAKEWAY SEC 31
Census Tract033100
Assessed Land Value$232,448
Assessed Improvement Value$419,856
Assessment Year2025

About this property

Beautiful 1 story home with easy care stained & scored concrete floors in the family rm, dining,kitchen,utility, baths,& halls.Granite counters in kitchen with matching granite breakfast table for 6-8 available for sale, stainless appliances wi 2017 oven,under-cabinet lighting,gas cook top, & more. Gas for Fireplace & water heater. Study/TV room has french doors & built-ins.Baths wi granite counters.Covered back patio & large shade tree,great landscaping.Some items+rugs available 4 sale.Over-sized garage.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$776,000
Estimated Property Value
$256,650Estimated Mortgage Balance
$541,188Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,656 /month
Positive
Cash Flow Estimate:
$1,552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$652,304
2025
$232,448
$419,856
$652,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$652,304

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$256,650
No
First
Nov 9, 2021
Dec 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,812
$535,188
69%
30%
$1,539/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,330/mo
$1,539/mo
+$1,791/mo
5.1%

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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