NOT LISTED FOR SALE

124 Arabian Ln Driftwood, TX 78619

Estimated Value: $178,363 - $509,000

1.54 Acres
$223,170 Price per Acre
67,082 Sq Ft Lot

Last Sold February 07, 2024

Current estimated payment $2,239/month

139 Days on Market

Highlights

  • Horses Allowed in Community
  • Fitness Center
  • View of Trees or Woods
  • Jacob's Well Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Lot

As of February 2024

PRICE REDUCED - Own property and build your own custom home in the new Texas Napa Valley. La Ventana is one of the more sought-after Hill Country gated communities located in the heart of Driftwood and just minutes from Driftwood Discovery / Gold Club and Dripping Springs. A meadow filled with Ranch Owner’s Association owned Longhorn cattle welcomes you into the community. Exotic axis deer and other wildlife roam throughout the community. Fantastic amenities like a large lodge/community center that includes a game room, saunas, weights and exercise equipment, a commercial kitchen, large pools, a driving range and putting green, Volleyball and tennis/pickle ball courts, private BBQ areas overlooking Flat Creek, kids’ playground, and so much more. There are also community social activities and clubs. It’s not surprising why it’s so highly regarded. This home site is one of the most private home sites in La Ventana. It’s located on a cul-de-sac very private street w large oak trees. Minimum SF to build is 2800 and NOT BUILDER RESTRICTED. Low Tax rate is 1.77% [hca]

Last Agent to Sell the Property

Dennis Ciani

Dennis Ciani Brokerage Phone: (512) 900-7445 License #0306362 Listed on: 08/27/2023

Last Buyer's Agent

Christopher Morgan

Keller Williams Realty License #0759418

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,730

Lot Details

  • 1.54 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Private Lot
  • Interior Lot
  • Cleared Lot
  • Wooded Lot
  • Property is in excellent condition

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Woods
  • Hills

Schools

  • Jacobs Well Elementary School
  • Danforth Middle School
  • Wimberley High School

Utilities

  • Underground Utilities
  • Propane
  • Well
  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1187190000008008

Community Details

Overview

  • Association fees include common area maintenance
  • La Ventana Ranch Owners Association
  • La Ventana Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Common Area
  • Sauna
  • Clubhouse
  • Community Kitchen
  • Lounge
  • Planned Social Activities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Horses Allowed in Community
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,730

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Additional Parcels: No
  • Directions: From South Austin take Mopac/Loop 1/45 South to 1826 then Turn Left, go past Salt Lick and at FM150 take a left,then at your 1st foru way stop turn Right on Elder Hill Road, go about 1 mile and take a Left at the Grand Stone Pillar entrance into La Ventana. Take La Ventana Parkway past the Longhorns up to the gates entry. Drive through the gates and take a Lefts on Stable Lane. Then take a Right on Ranchers Club Lane - Follow it around as it turns to the right and turn Left on Covered Bridge up the hill until you come to Arabian LN on your Right.
  • Disclosures: None
  • Other Structures: None
  • Road Surface Type: Asphalt
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 900-7445
  • Attribution Contact: (512) 900-7445
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 1924.91
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Mineral: None
  • Special Features: None

Interior Features

  • View: Hill Country, Trees/Woods
  • Property Condition: Excellent

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Phone Available, Propane, Underground Utilities, Water Available, See Remarks
  • Water Source: Public, Well

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 110

Association/Amenities

  • Association Name: La Ventana Ranch Owners
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Common Grounds, Equestrian Community, Fitness Center, Gated, High Speed Internet, Kitchen Facilities, Lounge, Picnic Area, Planned Social Activities, Playground, Pool, Putting Green, Sauna, Sport Court(s)/Facility, Tennis Court(s), Underground Utilities, Walk/Bike/Hike/Jog Trail(s, See Remarks

Schools

  • Elementary School: Jacobs Well
  • High School: Wimberley
  • Middle/Junior School: Danforth
  • Junior High Dist: Wimberley ISD

Lot Info

  • Lot Features: Cleared, Cul-De-Sac, Interior Lot, Private, Private Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • Zoning: None
  • Parcel Number: 1187190000008008
  • Lot Size Acres: 1.54
  • Lot Size Sq Ft: 67082.4
  • Subdivision Name: La Ventana
  • Endangered Species: Unknown
  • Livestock Yn: 0

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2021
  • Tax Rate: 1.77870000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2023
Closed on
Feb 7, 2024
Sold by
Pacesetter Homes Llc
Bought by
Rollings Shelby and Spencer Mark
Seller's Agent
Dennis Ciani
Dennis Ciani
Buyer's Agent
Christopher Morgan
Keller Williams Realty
List Price
$277,600
Sold Price
$187,600
Premium/Discount to List
-$90,000
-32.42%
Views
27
Current Estimated Value
$343,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,082
Avg. Annual Appreciation
52.26%
Original Mortgage
$165,100
Outstanding Balance
$156,843
Interest Rate
5.93%
Mortgage Type
New Conventional
Estimated Equity
$186,839
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rollings Shelby -- Corridor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollings Shelby $165,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold -- -- --
01/13/2024 01/13/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $187,600 -13.8% --
12/01/2023 12/01/23 Price Changed $217,600 -8.4% --
09/09/2023 09/09/23 Price Changed $237,600 -14.4% --
08/27/2023 08/27/23 For Sale $277,600 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $2,730 $187,600 $187,600 $0
2023 $2,963 $211,180 $211,180 $0
2022 $3,343 $210,290 $210,290 $0
2021 $1,870 $105,150 $105,150 $0
2020 $1,558 $87,620 $87,620 $0
2019 $1,082 $57,020 $57,020 $0
2018 $1,400 $76,030 $76,030 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6460694

Unlock MLS (Austin Board of REALTORS®)

APN: R153387