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$1,844,000

NAL Estimated Property Value

61 Cortes Drive, Westlake, TX, 76262

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,667 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$448.07 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size1,198 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN46188P-I-10R
Lot Number10R
SubdivisionWestlake Entrada
Land UseResidential
Legal DescriptionWESTLAKE ENTRADA BLOCK I LOT 10R
Census Tract113906
Assessed Land Value$200,000
Assessed Improvement Value$782,200
Assessment Year2025

About this property

Our first townhome completed in Westlake's Mixed-Use Development- ENTRADA. Luxury living in every square inch in this home. From rich white oak floors, smooth finish walls, premium countertops and back-splashes, elegant lighting, handsome fireplace, fabulous gourmet kitchen with Subzero and Wolf appliance packages and large terrace with amazing views. Simply walk to the hotel, the restaurants, and Starbucks!

Investor Tools

Property Icon
$1,844,000
Estimated Property Value
$813,774Estimated Mortgage Balance
$1,030,226Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,064 /month
Positive
Cash Flow Estimate:
$3,688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,575/month
$2,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,675
$982,200
2025
$200,000
$782,200
$982,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,675
$982,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Conventional
$896,250
No
First
Jul 29, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$813,774
$1,030,226
55%
44%
$5,374/mo

City: Westlake

61 Cortes Drive | Property Details | No Agent List