For SaleRisky Deal41 days on market
816 Terrace Mountain Dr
816 Terrace Mountain Dr, West Lake Hills, TX 78746, West Lake Hills, TX 78746
$1,850,000
Listing Price
816 Terrace Mountain Dr, West Lake Hills, TX 78746
Loc: West Lake Hills, TX
Days Listed
41
Tax Assessed
$1169k
Lot Size
0.55 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
10
Eanes Elementary School
PK-5
1.7 mi away
10
Hill Country Middle School
6-8
2.4 mi away
9
Westlake High School
9-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern farmhousestone fireplacevaulted ceilingscozyopen floor plantransitional designneutral color palettewood flooringlarge windowsmantelplush furnitureluxury livingtimber accents
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.65%
Total ROI
81.8%
Cash Flow
$-881/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-881/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in West Lake Hills
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-14 | Listed for sale | $1,850,000 | $679 |
| 2015-12-23 | Sold | $0 | – |
| 2015-11-10 | Pending sale | $935,000 | $343 |
| 2015-09-07 | Listed for sale | $935,000 | $343 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $13,999.51 | $1,168,796 |
| 2024 | $18,600.7 | $1,250,373 |
| 2023 | $17,905.03 | $1,230,089 |
| 2022 | $17,810.63 | $1,118,263 |
| 2021 | $0 | $1,016,603 |
| 2020 | $15,889.38 | $924,900 |
| 2019 | $16,189.51 | $944,500 |
| 2018 | $14,629.36 | $860,832 |
| 2017 | $14,629.36 | $822,007 |
| 2016 | $4,224.6 | $747,279 |
| 2015 | $4,224.6 | $518,356 |
| 2014 | $4,224.6 | $471,233 |
| 2013 | $0 | $428,394 |
| 2012 | $0 | $416,355 |
| 2011 | $0 | $401,474 |
| 2010 | $0 | $433,974 |
| 2009 | $0 | $468,096 |
| 2008 | $0 | $425,542 |
| 2007 | $0 | $386,856 |
| 2006 | $0 | $351,687 |
| 2005 | $0 | $319,715 |
| 2002 | $3,612.9 | $295,043 |
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