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$465,000

909 Flag St Fl Ag, Llano, TX, 78643

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.61 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Double Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size21,671 sqft

Building Information

Year Built1930
Stories1
Roof Type112
Garage Spaces2

Land Information

APN23246
Lot Number131
SubdivisionSouth
Land UseResidential
Legal DescriptionSOUTH ADDN BLK 30 LT 131
Census Tract970200
Assessed Land Value$66,750
Assessed Improvement Value$170,720
Assessment Year2025

About this property

Nestled just two blocks from the historic Llano Square and a few blocks from the Llano River, this beautifully preserved 1930s Craftsman-style home is a true gem. With two spacious bedrooms and two bathrooms, this home offers a perfect balance of vintage charm and modern living. Set on a half-acre corner lot, the property provides ample space for outdoor activities and gardening and plenty of room to add a workshop or additional square footage. As you step inside, you'll be greeted by original hardwood floors, tall ceilings, and signature Craftsman details, such as wide moldings and vintage hardware. The bedrooms are generously sized, offering plenty of natural light and storage space. The primary bedroom includes a sitting room that makes a great office space. The primary bathroom blends vintage style with contemporary touches, with a vintage clawfoot tub and oversized vanity with recently updated granite countertops. The secondary bedroom is large and located on the other side of the home with its own en suite and exterior entrance, the perfect mother-in-law suite. The recently built back patio is spacious and perfect for entertaining. In the backyard, there is a storage shed and a water well that could be utilized for irrigation, a big advantage during times of drought. The backyard is completely fenced but easy to access to store or park equipment. The home is within walking distance of the Llano River and the historic Llano Square, which features a mix of local shops, dining, and community events.

Investor Tools

$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Andy Virdell

Landmasters Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,287
$218,269
2025
$66,750
$170,720
$237,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,287
$218,269

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$445,000
100%
0%
$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: Llano

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909 Flag St Fl Ag | Property Details | No Agent List