$150,000
505 Mountain Drive, Lakehills, TX, 78003
On Market
Just Added
Highlights
Interior
Exterior
Lot Size20 sqft
Building Information
Year Built2002
Stories1
Land Information
APN185656
Lot Number2
SubdivisionLake Medina Highlands B
Land UseResidential
Legal DescriptionLAKE MEDINA HIGHLANDS B BLK 11 LT 2 PT 3-5 **IMP ONLY ON 138869** ** TXS0571297**
Census Tract000400
Assessed Improvement Value$26,040
Assessment Year2025
About this property
Great Property for starter home or weekend home in quiet area of Lakehills. Close to Medina Lake Park. The home 2/2 home has been well cared for. Property size is .612 acres and it sits on a corner lot, with a 2 car garage and rv cover/carport and lots of shade trees. New AC and water system with storage tank. RV and pontoon boat go with the house. Motivated Seller. Owner Financing may be possible. The owner enjoyed this property, and is ready to let someone else enjoy it for a while. Everything is waiting for you, come check it out!
Investor Tools
$29,153Estimated Mortgage Balance
$157,847Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$121
$26,040
2025
N/A
$26,040
$26,040
No
Tax History
Year
Tax Paid
Assessed Value
2025
$121
$26,040
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James E Endicott
Seller Carryback / Seller Financing / Seller Take-Back
$34,900
No
First
Sep 18, 2018
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,153
$157,847
84%
16%
$210/mo
