T
Seller's Agent in 2024
Tony Pippenger
eXp Realty
114 Riverbend Ln Kingsland, TX 78639
Estimated Value: $1,285,262 - $1,546,000
3
Beds
2.5
Baths
2,194
Sq Ft
$653/Sq Ft
Est. Value
Highlights
- Boathouse
- Spa
- Covered Patio or Porch
- Boat Dock
- Mature Trees
- Walk-In Pantry
About This Home
As of July 2024THIS IS WHERE MEMORIES ARE MADE! Welcome to 114 Riverbend Lane, a newly renovated lake house on Lake LBJ. Have theoption to let other people pay for your lake house investment with this successful turn-key short term rental property. Gross rental income in 2023 was $88,000. This home offers single level living with a great open floor plan and large windows that capture the stunning openwater lake view from the living room, kitchen, sitting area. Very convenient to grocery stores, shopping, and lake side entertainment at Wakepoint and Boat Town. Gather with your friends and family in the large open kitchen. There is plenty of room to entertain all your guests both inside and out with multiple gathering areas on the covered patio, in the cozy living room with a fireplace or right down next to the water. For a secondary living area, the garage has been converted into a game room with a cool speakeasy vibe where you can spend time playing PacMan or pool or just watching your favorite sports team. In the beautiful east facing backyard you can enjoy the hot tub, a shaded yard and a large boat dock with lifts for your boat and jet skis as well as a second story sun deck up top! Option to purchase furnished. Ready for you to enjoy as your personal family lake home or as a popular short-term rental to let someone else payfor your waterfront investment!
Last Agent to Sell the Property
Tony Pippenger
eXp Realty Listed on: 06/13/2024
Last Buyer's Agent
Non MLS
Non Mls Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,997
Year Built
- Built in 1985
Lot Details
- 8,712 Sq Ft Lot
- Wrought Iron Fence
- Sprinkler System
- Mature Trees
Home Design
- Slab Foundation
- Metal Roof
Interior Spaces
- 2,194 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Window Treatments
- Living Room with Fireplace
- Combination Dining and Living Room
Kitchen
- Walk-In Pantry
- Stove
- Dishwasher
Flooring
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Washer Hookup
Parking
- 1 Car Garage
- Converted Garage
Accessible Home Design
- Doors swing in
Outdoor Features
- Spa
- Boathouse
- Docks
- Waterfront with Home Across Road
- Covered Patio or Porch
Schools
- Packsaddle Elementary School
- Llano High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Boat Dock
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 5527
- Seller Concessions Not Offered
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2024
Closed on
Jul 25, 2024
Sold by
Amber Waves Properties Llc
Bought by
Midessa Integrative Medicine Llc
Seller's Agent
Tony Pippenger
eXp Realty
Buyer's Agent
Non MLS
Non Mls Office
List Price
$1,495,000
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.09%
Original Mortgage
$1,160,000
Outstanding Balance
$1,148,103
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$284,713
Purchase Details
Closed on
Jun 13, 2022
Sold by
Marie Schmitt Amber and Marie Wayne Douglas
Bought by
Amber Waves Properties Llc-Series 110
Purchase Details
Closed on
Mar 23, 2022
Sold by
Unvarying Quality Solutions Llc
Bought by
Schmitt Douglas and Schmitt Amber
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.89%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 7, 2017
Sold by
Isbell Alan D
Bought by
Copeland Penni Mecham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2016
Sold by
Copeland Robert A and Copeland Virginia G
Bought by
Mecham Penni
Purchase Details
Closed on
May 24, 2016
Sold by
Copeland Robert A and Copeland Virginia G
Bought by
Garcia Penni Mecham
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Midessa Integrative Medicine Llc | -- | None Listed On Document | |
| Amber Waves Properties Llc-Series 110 | -- | -- | |
| Schmitt Douglas | -- | None Listed On Document | |
| Copeland Penni Mecham | -- | Highland Lakes Title | |
| Mecham Penni | -- | None Available | |
| Garcia Penni Mecham | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Midessa Integrative Medicine Llc | $1,160,000 | |
| Previous Owner | Schmitt Douglas | $900,000 | |
| Previous Owner | Mallen Emmanuel | $173,600 | |
| Previous Owner | Copeland Penni Mecham | $150,000 | |
| Previous Owner | Wietz Cynthia C | $100,000 | |
| Previous Owner | Copeland Robert A | $105,000 | |
| Previous Owner | Copeland Robert A | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2024 07/25/24 | Sold | -- | -- | -- |
| 06/20/2024 06/20/24 | Pending | -- | -- | -- |
| 06/13/2024 06/13/24 | For Sale | $1,495,000 | +92.9% | $681 / Sq Ft |
| 07/01/2020 07/01/20 | Sold | -- | -- | -- |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 03/16/2020 03/16/20 | Price Changed | $775,000 | -1.9% | $397 / Sq Ft |
| 11/11/2019 11/11/19 | Price Changed | $790,000 | -3.1% | $404 / Sq Ft |
| 10/24/2019 10/24/19 | For Sale | $815,000 | -- | $417 / Sq Ft |
Source: San Antonio Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,203 | $1,428,410 | $991,260 | $437,150 |
| 2023 | $16,725 | $1,328,520 | $944,060 | $384,460 |
| 2022 | $13,436 | $939,610 | $629,370 | $310,240 |
| 2021 | $11,461 | $747,080 | $476,280 | $270,800 |
| 2020 | $9,519 | $587,163 | $402,570 | $204,920 |
| 2019 | $8,105 | $487,230 | $343,040 | $144,190 |
| 2018 | $8,925 | $528,380 | $343,040 | $185,340 |
| 2017 | $8,204 | $484,680 | $308,730 | $175,950 |
| 2016 | $7,353 | $434,440 | $280,670 | $153,770 |
| 2015 | -- | $433,270 | $280,670 | $152,600 |
| 2014 | -- | $433,270 | $280,670 | $152,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2024
Non MLS
Non Mls Office
-
Bailey Pippenger-Heinatz
Seller Co-Listing Agent in 2020
Bailey Pippenger-Heinatz
Lake Life Team-eXp Realty
(512) 694-0701
7 in this area
18 Total Sales
-
Non Member
N
Buyer's Agent in 2020
Non Member
HLAOR Non Member Office
(830) 693-5787
178 in this area
2,665 Total Sales
Map
Source: San Antonio Board of REALTORS®
MLS Number: 1784024
APN: 5527
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