ActiveResidential · sale

511 County Road 431

Lolita, TX 77971

$269,900

  • 3 beds
  • 2,377 sq ft
  • 2 acres
  • Built 1995

Listed by RE/MAX Land & Homes on the Bay · MLS #621092

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Stepping inside, you are greeted by an expansive entry flex space featuring charming rustic, enclosed-porch vibesperfect for a secondary family room or game room.

Details worth a look

The sparkling in-ground pool is enclosed by a low-maintenance vinyl fence and features a large, covered patio with a hot tubideal for outdoor dining, grilling, and weekend relaxation.

Year built

Built in 1995.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome home to this versatile 3-bedroom, 2-bathroom home nestled on approximately 2 beautiful acres shaded by mature trees and your private in-ground pool! Stepping inside, you are greeted by an expansive entry flex space featuring charming rustic, enclosed-porch vibesperfect for a secondary family room or game room. The functional layout includes a spacious dedicated laundry room with direct interior access to an unfinished basement, offering endless potential for workshop space, storm shelter, or extra storage. Step outside into your own private backyard oasis! The sparkling in-ground pool is enclosed by a low-maintenance vinyl fence and features a large, covered patio with a hot tubideal for outdoor dining, grilling, and weekend relaxation. Additional exterior features include a detached carport and a substantial barn/storage building providing plenty of room for vehicles, equipment, and hobbies.

THE NEIGHBORHOOD

Explore the location.

511 County Road 431, Lolita, TX 77971

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1995
Full baths
2
Half baths
0
Garage spaces
0
Cooling
CentralAir,Electric,OneUnit
Heating
Central,Propane
Appliances
Dishwasher,GasRange,GasWaterHeater,Refrigerator,WaterSoftenerOwned,SomeGasAppliances,Microwave,Range
Flooring
Carpet,Vinyl
Utilities
ElectricityAvailable,Propane
Exterior
CoveredPatio,Porch,Storage,PropaneTankOwned
Fencing
Partial
Pool
Yes
Pool features
Fenced,InGround,OutdoorPool,Private
Spa
Yes
Subdivision
Austin League
Parcel
R24878

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,124.58
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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511 County Road 431, Lolita, TX 77971 · MLS #621092

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #621092 · Central Texas MLS

Listing brokerage: RE/MAX Land & Homes on the Bay
Listing agent: Lindsey Smith

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.