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$189,000

NAL Estimated Property Value

675 Carmel Dr, Sandia, TX, 78383

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths956 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$291.84 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

About this property

Welcome to your fully renovated lakefront retreat on beautiful Lake Mathis! This stunning home offers breathtaking water views from your expansive covered balcony/deck complete with an outdoor covered kitchen, perfect for grilling while watching the sunset melt into the lake. Designed for relaxation and entertaining, the entire home has been thoughtfully updated for modern living. Enjoy tiled flooring throughout, elegant plantation shutters, custom blinds, and refined finishes that elevate every room as well as granite countertops throughout. Step outside and follow your private pier that stretches out to the lake ideal for fishing, swimming, or docking your boat. Whether you're a weekend adventurer or full-time lake dweller, this property is a dream for boating and nature enthusiasts alike. Don't miss your opportunity to own one of the best lake houses on Lake Mathis. Your waterfront escape awaits!

Investor Tools

Property Icon
$189,000
Estimated Property Value
$0Estimated Mortgage Balance
$189,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,153
$129,919
2024
$18,000
$111,919
$129,919
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,153
$129,919

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,000
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: Sandia

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675 Carmel Dr | Property Details | No Agent List