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$428,000

NAL Estimated Property Value

707 Peggy Nell Drive, Lampasas, TX, 76550

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,300 Sq Ft
price_per_sqft$210.65 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size40,946 sqft

Building Information

Year Built1998
Garage Spaces3

Land Information

APN10966
Land UseResidential
Legal DescriptionACR: .94 OL14 ABST: 0419 SURV: L H W JOHNSON LOCCD:94
Census Tract950500
Assessed Land Value$71,660
Assessed Improvement Value$323,780
Assessment Year2025

About this property

This one has all the desirables! This custom built home has 13 inch exterior walls provided by the solid steel frame, and sits on a shaded acre with a seasonal creek behind the house, and 30 acres on the south side providing great privacy. This ranch style home offers an open concept living and kitchen area. The kitchen has stainless steel appliances, farmhouse sink, and granite counter tops. The master suite includes walk-in closet and on-suite bath with dual vessel sinks on a marble countertop, and a luxurious soaking tub with shower. Outside, the large fenced backyard features a patio and pergola with an outdoor kitchen. There is a large brick shop, a carport, and garden area. (Owner is licensed REA)

Investor Tools

Property Icon
$428,000
Estimated Property Value
$18,907Estimated Mortgage Balance
$409,093Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,907 /month
Positive
Cash Flow Estimate:
$969 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,256
$395,440
2025
$71,660
$323,780
$395,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,256
$395,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
N/A
$149,000
N/A
First
Aug 9, 2012
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,907
$409,093
95%
4%
$0/mo

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.

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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: Lampasas

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707 Peggy Nell Drive | Property Details | No Agent List