NOT LISTED FOR SALE

Estimated Value: $315,548 - $364,000

1 Bed
1 Bath
704 Sq Ft
$487/Sq Ft Est. Value

Last Sold September 21, 2023

Current estimated payment $1,931/month

17 Days on Market

Highlights

  • Gated Community
  • Deck
  • Furnished
  • Open Floorplan
  • Vaulted Ceiling
  • Covered Patio or Porch

About This Home

As of September 2023

A rare opportunity to be part of this unique exotic animal grazing community located in Kempner TX, under 10 minutes from Copperas Cove and just over an hour from Austin, inside Burnet County. This 1 bedroom, 1 bath cabin sits on 5+ acres in the exclusive River Hills Ranch subdivision with private access to the beautiful Lampasas River. The cabin exterior is full cedar with a metal roof. There is a well over 350ft deep. The septic was built for 3bed, 2bath if the new owner wants to add onto the home in the future. Other amenities include underground utilities, tankless water heater, and a container for storage. River Hills Ranch is a 1000+ acre high fenced Wildlife Preservation community with over 300 head of wild exotics deer, big horn sheep, axis deer, and many other breeds. This gated community has reasonable covenants and restrictions to protect the value. This property is Wildlife EXEMPT which offer very low taxes to the property owners. The whole Preserve has high fences and secured with gate code access. Owners also have access to the Lampasas River green belt and community park located right on the river. Whether it's a weekend getaway or permanent homestead, this secluded yet accessible property is ready for you to just kick back, enjoy the quiet, and view the world from your hilltop sanctuary with 360 views

Last Agent to Sell the Property

Sherry Gilchrist

Texas Luxe Realty Brokerage Phone: 866-277-6005 License #0703287 Listed on: 08/15/2023

Last Buyer's Agent

Steve Cossette

RE/MAX Gateway License #0529781

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 2022

Lot Details

  • 5.51 Acre Lot
  • Property fronts a county road

HOA Fees

  • $76 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 704 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Laminate Flooring
  • Laundry closet

Kitchen

  • Kitchenette
  • Open to Family Room
  • Electric Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Tankless Water Heater
  • Aerobic Septic System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 71
  • Assessor Parcel Number 117791

Community Details

Overview

  • River Hills Grazing Association
  • River Hills Ranches Ph 1 Ranch Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,654

Year Built

Built in 2022

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Architectural Style: Other
  • Directions: From Bus 190, take left onto FM2657. Right on FM2808. Left on CR4700. Follow road as it turns to the right and becomes gravel. Follow road to the left as it becomes pavement again. Left onto PR 4718 to the Gate.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 5.51
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Gravel
  • Building Stories: 1
  • Subdivision Name: River Hills Ranches Ph 1 Ranch
  • Water Body Name: Other-See Remarks
  • Year Built: 2022
  • Attribution Contact: 866-277-6005
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Refrigerator, Tankless Water Heater, Some Electric Appliances, Cooktop
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Furnished: Furnished
  • Interior Amenities: All Bedrooms Down, Cedar Closet(s), Cathedral Ceiling(s), Furnished, High Ceilings, Multiple Closets, Open Floorplan, Vaulted Ceiling(s), Eat-in Kitchen, Kitchen/Family Room Combo, Kitchen/Dining Combo, Kitchenette
  • Living Area: 704.0
  • Private Spa: No
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Balcony, Covered Patio, Deck, Porch
  • Fencing: None
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: 5-10 Acres
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Porch
  • Pool Features: None
  • Property Condition: Resale
  • Roof: Metal
  • View: Other
  • Waterfront: No

Utilities

  • Cooling: Electric, Other, See Remarks, 2 Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units, Other, See Remarks
  • Heating Yn: Yes
  • Laundry Features: Laundry Closet
  • Security: Gated Community, Controlled Access
  • Sewer: Not Connected (at lot), Aerobic Septic, Public Sewer, Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 912.0
  • Association Fee Frequency: Annually
  • Association Name: River Hills Grazing Association
  • Association: Yes
  • Community Features: Other, Park, See Remarks, Gated

Fee Information

  • Association Fee Includes: Other, See Remarks

Schools

  • Junior High Dist: Lampasas ISD

Lot Info

  • Parcel #: 117791
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2654.0
  • Tax Lot: 71
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 21, 2023
Sold by
Martino Jerome F
Bought by
Cossette Terese M
Seller's Agent
Sherry Gilchrist
Texas Luxe Realty
Buyer's Agent
Steve Cossette
RE/MAX Gateway
List Price
$345,000
Views
3
Current Estimated Value
$342,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.30%
Original Mortgage
$265,000
Outstanding Balance
$259,128
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$83,509

Purchase Details

Closed on
Jun 24, 2020
Sold by
Recreational Land Sales Llc
Bought by
Martino Jerome F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cossette Terese M -- Highland Lakes Title
Martino Jerome F -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cossette Terese M $265,000
Previous Owner Martino Jerome F $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold -- -- --
09/02/2023 09/02/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $349,000 +1.2% $496 / Sq Ft
08/15/2023 08/15/23 For Sale $345,000 -- $490 / Sq Ft
Source: Central Texas MLS (CTXMLS)

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
2025 $724 $157,436 $26,799 $130,637
2024 $724 $157,436 $26,799 $130,637
2023 $724 $157,475 $26,838 $130,637
2022 $596 $123,636 $26,868 $96,768
2021 $8 $464 $0 $0
2020 $9 $464 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Central Texas MLS (CTXMLS)

MLS Number: 518160

Central Texas MLS (CTXMLS)

APN: 117791