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$331,000

650 & 660 Lonesome TRL, Driftwood, TX, 78619

Off MarketInfo
Baths0 Bath
Baths1,064 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available

Exterior

Exterior FeaturesNone
Lot Size1.50 acres

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APNR185828
Lot Number55C
SubdivisionRolling Oaks Ranch Sec 4
Land UseResidential
Legal DescriptionROLLING OAKS RANCH SEC 4, LOT 55C, ACRES 1.5, REPLAT OF LT 55 TAX CODES:RSP,SWI,WEU
Census Tract010812
Assessed Land Value$161,790
Assessed Improvement Value$14,500
Assessment Year2025

About this property

Here is your opportunity to own 2 separate lots in Driftwood over 2.5 stunning acres covered with oak trees in Wimberley ISD with little to no restrictions! 650 Lonesome is 1.5 AC & 660 Lonesome is 1 AC and both unique parcels are included. A gated driveway and cleared home site with a mobile home, a septic system, and a covered carport is already on the property ready for you to use. Whether you are looking for a place to build your home or invest, this rare lot is located in a very relaxed neighborhood that allows owners the flexibility of multiple uses. Enjoy the tranquility of the hill country and nature while having the convenience of city amenities and Downtown Wimberley just a short 15 minute drive away. Only restrictions are no raising hogs and commercial use must be approved. The old mobile home will also convey unless the buyer wants it removed. Electricity is also already ran to the home site so all that is needed is water!

Investor Tools

Property Icon
$331,000
Estimated Property Value
$0Estimated Mortgage Balance
$331,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,059
$176,290
2025
$161,790
$14,500
$176,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,059
$176,290

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$331,000
100%
0%
$0/mo

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: Driftwood

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650 & 660 Lonesome TRL | Property Details | No Agent List