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$797,702

NAL Estimated Property Value

781 Woodland Dr, Driftwood, TX, 78619

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.76 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Refrigerator, Oven, Disposal
FlooringCeramic Tile

Exterior

Exterior FeaturesLighting, Rain Barrel/Cistern(s)
Lot Size2 acres

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces6

Land Information

APNR101058
Lot Number22
SubdivisionWoodland Estates Sec Ii Phase B
Land UseResidential
Legal DescriptionWOODLAND ESTATES SEC II PHASE B, LOT 22, ACRES 2.00 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$388,740
Assessed Improvement Value$530,610
Assessment Year2025

About this property

This property is nestled in the town of Driftwood on two acres featuring a backyard that is sure to catch your eye! It boasts a koi pond, tree house, work shop, greenhouse, gazebo, and fire pit-perfect for entertaining guests! Two new AC/heat units were replaced within the last few years as well as the two hot water tanks, making the home similar to a new build! The well in the backyard eliminates having a water bill.Get a taste of country living while only being about 25 minutes from downtown Austin!

Investor Tools

Property Icon
$797,702
Estimated Property Value
$386,192Estimated Mortgage Balance
$411,510Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,786 /month
Positive
Cash Flow Estimate:
$1,595 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,211
$797,702
2025
$388,740
$530,610
$919,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,211
$797,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$431,200
No
First
Dec 14, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,192
$411,510
51%
48%
$2,586/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$2,986/mo
$-496/mo
3.7%

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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