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$660,250

NAL Estimated Property Value

TBD Drake Lane - Lot 1, Round Top, TX, 78954

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Property Lead Type:

Off-Market List

About this property

TREES! Welcome to Townsend Reserve, the latest Country Community by Terry Ward. Lot 1 Drake Lane sits at 400’ in elevation on the city limit line. Its 2.463 acres has a vintage farmhouse ready to restore and multiple mature oak trees. This lot is special with its frontage on Kneip Rd., community water at the road and a water well. Nestled in enchanting Round Top, Texas, Townsend Reserve is only half a mile from upscale boutiques and cozy eateries. This stunning development features majestic oak trees, rolling hills, and serene natural creeks, all spread across 100 acres. With 27 homesites available, you're sure to discover the perfect spot to call home. Townsend Reserve is just moments away from the vibrant Round Top square. Plus, a wildlife valuation is in progress to help keep your taxes manageable. Exciting amenities on the horizon include a charming covered bridge, split rail fencing, underground electricity, and fiber optic connectivity!

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$660,250
Estimated Property Value
$0Estimated Mortgage Balance
$660,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,962 /month
Positive
Cash Flow Estimate:
$1,321 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$500/month
5.947%

City: Round Top

TBD Drake Lane - Lot 1 | Property Details | No Agent List