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$280,022

731 Driftwood Ln, Cottonwood Shores, TX, 78657

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.67 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Microwave, Oven, Free-Standing Range, Refrigerator
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size6,307 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN13065
Lot Number585
SubdivisionDriftwood
Land UseResidential
Legal DescriptionS4220 DRIFTWOOD LOT 585
Census Tract960801
Assessed Land Value$27,122
Assessed Improvement Value$259,862
Assessment Year2025

About this property

Beautiful new home for sale featuring 3 bedrooms, 2 bathrooms, an open concept floor plan, and many more modern amenities throughout. The kitchen boasts a large island with upgraded countertops and energy-efficient appliances. The private master includes an ensuite bathroom and walk-in closet. All these features and more make this home a must-see! Images may be reflective of a staged or representative unit; homes are unfurnished and features may vary by floor plan and location.

Investor Tools

Property Icon
$280,022
Estimated Property Value
$257,800Estimated Mortgage Balance
$34,743Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$280,022
2025
$27,122
$259,862
$286,984
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$280,022

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$257,800
Yes
First
Sep 15, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,279
$34,743
12%
88%
$1,546/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.

Explore Texas Explore This Area
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: Cottonwood Shores

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