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$177,000

NAL Estimated Property Value

749 Driftwood Ln, Cottonwood Shores, TX, 78657

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths792 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.21 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesMicrowave, Free-Standing Refrigerator, Electric Water Heater
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size19,123 sqft

Building Information

Year Built1970

Land Information

APN13061
Lot Number576,577
SubdivisionDriftwood
Land UseResidential
Legal DescriptionS4220 DRIFTWOOD LOT 576,577,& 578
Census Tract960801
Assessed Land Value$43,720
Assessed Improvement Value$111,817
Assessment Year2025

About this property

This quaint cabin-style house is nestled in the heart of nature, surrounded by woods, set in the middle of three side-by-side lots that back up to serene ranch land. The backyard feels like a secluded forest retreat, watch the deer lazily roam through your land and simply enjoy the privacy and beauty of nature. Sold furnished, with two cozy bedrooms and one bath, the home features an open living space that’s efficient and functional. Well maintained exterior, while some fresh paint will liven up the interior. Made for people who want to downsize or looking for a weekend getaway near the Highland Lakes. Just a couple of blocks from the homeowner’s park on Lake Marble Falls, fabulous for kayaking and other watersports. The larger Lake LBJ is just a mile down the road with public boat ramps available.

Investor Tools

Property Icon
$177,000
Estimated Property Value
$152,313Estimated Mortgage Balance
$25,162Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,545
$155,537
2025
$43,720
$111,817
$155,537
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,545
$155,537

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Conventional
$156,000
No
First
Nov 21, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,313
$44,687
22%
86%
$936/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: Cottonwood Shores

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749 Driftwood Ln | Property Details | No Agent List