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$567,000

NAL Estimated Property Value

736 COVERED BRIDGE DR, Driftwood, TX, 78619

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.59 acres

Land Information

APNR119250
Lot Number46
SubdivisionThe Preserve At La Ventana Phase Two
Land UseResidential
Legal DescriptionTHE PRESERVE AT LA VENTANA PHASE TWO, LOT 46, ACRES 1.59 TAX CODES:RSP,SWI
Census Tract010812
Assessed Land Value$230,000
Assessment Year2025

About this property

Stunning 1.59+/- Acre Lot in Driftwood's La Ventana Discover the perfect opportunity to build your dream home on this beautiful 1.59+/- acre vacant lot in the highly sought-after La Ventana community in Driftwood. Nestled in the heart of the Texas Hill Country, this lot offers breathtaking views and is part of the acclaimed Wimberley ISD. Located in a master-planned community, you'll enjoy the serenity of country living with convenient access to modern amenities. Don't miss the chance to create your own slice of paradise in one of Driftwood's most desirable neighborhoods.

Investor Tools

Property Icon
$567,000
Estimated Property Value
$200,204Estimated Mortgage Balance
$366,796Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,402 /month
Positive
Cash Flow Estimate:
$1,134 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,188
$230,000
2025
$230,000
N/A
$230,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,188
$230,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$207,000
No
First
Jul 24, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,204
$366,796
64%
35%
$1,242/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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736 COVERED BRIDGE DR | Property Details | No Agent List