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$895,000

517 Rio Ridge Pkwy, Spring Branch, TX, 78070

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$346.09 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Disposal, Multiple Water Heaters, Propane Water Heater, Refrigerator, Range Hood, Tankless Water Heater, Water Softener Owned
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDeck, Porch, Rain Gutters, Propane Tank Owned
Lot Size1.05 acres

Building Information

Year Built2021
Stories1
Roof Type114
Garage Spaces4

Land Information

APN36-0150-2342-00
Lot Number2342
SubdivisionMystic Shores 21
Land UseResidential
Legal DescriptionMYSTIC SHORES 21, LOT 2342
Census Tract310609
Assessed Land Value$123,380
Assessed Improvement Value$623,100
Assessment Year2025

About this property

Experience the Canyon Lake lifestyle in the gated Mystic Shores community. This 3-bedroom, 2.5-bath home offers an open, functional layout with exposed wood beams highlighting the family room and a kitchen designed for gathering and entertaining. Two side-by-side islands provide generous prep and seating space, complemented by Café appliances, Michael Edwards cabinetry, a six-burner range with built-in griddle, wine refrigerator, coffee/wet bar, and a convenient walk-through pantry. The primary suite features a spacious walk-through shower with dual shower heads, while bedrooms two and three share a Jack-and-Jill bath. A dedicated office includes built-in cabinetry and two desk spaces, and the oversized laundry room provides additional everyday functionality. Outside, a 19-foot swim spa with surrounding deck creates another space to relax and enjoy the Hill Country setting. The four-car garage includes an extended side bay, metal cabinetry, and overhead storage for exceptional flexibility. Additional features include an osmosis water system and ample built-in storage throughout. Mystic Shores offers an amenity-rich Hill Country lifestyle with access to Canyon Lake and the Guadalupe River, community pool, parks, walking trails, sports courts, clubhouse facilities, and boat access. Whether spending the day on the water, enjoying the neighborhood amenities, or relaxing at home, this property offers a wonderful combination of space, recreation, and Canyon Lake living.

Investor Tools

$398,612Estimated Mortgage Balance
$419,388Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

Interested in this property?

Suzanne Kuntz

Keller Williams Heritage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$977/month
$977/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,630
$746,480
2025
$123,380
$623,100
$746,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,630
$746,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Arm (Adjustable Rate Mortgage)
$400,000
No
First
Aug 23, 2021
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,612
$419,388
51%
49%
$1,906/mo

City: Spring Branch

517 Rio Ridge Pkwy | Property Details | No Agent List