$230,000
655 Oak Ln, Cottonwood Shores, TX, 78657
$244,060 ARV
On Market
Property Lead Type:
BankruptcyPre-ForeclosureMust-SellAbsentee Owner
Highlights
Interior
AppliancesSee Remarks
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesBoat Ramp
Lot Size5,001 sqft
Building Information
Year Built2019
Garage Spaces2
Land Information
APN38191
Lot Number612
SubdivisionScarlet Oaks
Land UseResidential
Legal DescriptionS7520 SCARLET OAKS LOT 612
Census Tract960801
Assessed Land Value$21,500
Assessed Improvement Value$258,500
Assessment Year2025
About this property
3 bed, 2 bath, 2 car attached garage, fabulous open concept floor plan w/ a lovely vaulted ceilings. Kitchen w/ a breakfast nook offers great storage and large island w/ granite counter tops. 655 Oak Ln has a pleasing view from the front porch! City of Cottonwood Shores offers it's property owner's access to beautiful Lake Marble Falls with a fishing dock and boat ramp, along with several children's play areas and a splash pad.
Investor Tools
$289,698Estimated Mortgage Balance
$280,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$244,059
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,492
$280,000
2025
$21,500
$258,500
$280,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,492
$280,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$304,486
Yes
First
Sep 12, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,698
N/A
0%
103%
$1,826/mo
