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$650,000

2111 Stallion Springs Dr, Fischer, TX, 78623

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,823 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$356.56 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesConvection Oven, Dryer, Dishwasher, Exhaust Fan, Electric Range, Free Standing Electric Oven, Free Standing Electric Range, Gas Water Heater, Water Purifier Owned, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Stainless Steel Appliances, Water Purifier, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Garden, Lighting, Private Yard, Rain Gutters

Building Information

Garage Spaces2

About this property

Price reduced by a total of 100K! Also, added to the price reduction is a New Buyer Incentive Package of 50K! This allows the buyer to avoid closing costs and or buy down their interest rate. Any money left over can simply be taken off the sales price! On top of an already impactful incentive package, the owner will also convey all furniture, TVs, decor pieces, and appliances located in the primary residence, including the W/D/R! This is an absolute home run for the new owners! Welcome to the enchanting world of 2111 Stallion Springs, where extraordinary living meets reality. This property makes for an amazing Homestead but also has remarkable potential to become a Short-Term Rental Vacation Home. The 5-acre estate includes 2 cabins, lagoon style pool with waterfall features, expansive pool decking, lush landscaping, multiple garden areas, greenhouse, hill country setting and views, huge oak trees throughout, and privacy in the backyard. This home is nestled on a cul-de-sac in the Estates at Rancho Del Lago, you'll enjoy convenient access to Canyon Lake, the Guadalupe River, the city of Wimberley, and the iconic Devil's Backbone. The open-concept interior is bright, inviting, and filled with character. The home showcases vaulted ceilings with exposed beams, a cozy wood burning fireplace, upgraded ceiling fans and light fixtures, stone countertops, tile flooring throughout, decorative tile backsplash, and his-and-hers primary closets. The HVAC system and Water Heater were replaced about 2.5 years ago! Enjoy the financial benefits of a low 1.49% tax rate and no HOA! For buyers seeking a turnkey Short-Term Rental opportunity, listing agent will convey all existing marketing materials with purchase, providing an excellent head start for future rental operations. This is an extraordinary opportunity to own one of the most unique properties in the Texas Hill Country. Call / Text listing agent to set up a private showing. Bed in the front bedroom does not convey.

Investor Tools

$0Estimated Mortgage Balance
$311,483Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,158 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

City: Fischer