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PendingMLS #7113331

1103 Martingale TRL, Spring Branch TX 78070

Spring Branch, TX 78070 · Cypress Lake Gardens

Single Family Residence for sale in Cypress Lake Gardens

3Bedrooms
2Bathrooms
1,590Square Ft
0.24Acres
1Garage
2023Year Built
1 / 34
$325,000$349,500

Overview

Property Description

HUGE PRICE REDUCTION! Welcome to your dream home in the heart of the enchanting Spring Branch, nestled in the picturesque Texas Hill Country. This stunning new construction offers three bedrooms, two full baths, and an abundance of luxurious features. As you step inside, you're greeted by elegant tile flooring that spans the entire home, complemented by high ceilings adorned with charming wooden beams. The kitchen boasts exquisite granite countertops, perfect for culinary endeavors and entertaining guests. A cedar railing has been installed on the front porch. Outside, a meticulously landscaped front yard showcases low-maintenance xeriscaping, while the fully-lawned backyard provides a serene retreat. This home exudes timeless elegance and unparalleled curb appeal, promising a lifestyle of comfort and sophistication in a private country setting.

Financial Info
Price
$325,000
$ / Sqft
$204
HOA
Yes - Mandatory / $150 / Annually
HOA Name
Cypress Lake Gardens HPOA
HOA Includes
See Remarks
Tax Rate
1.5%
Est. Taxes
$104
Tax Year
2022
Exemptions
None
Legal Info
Address
1103 Martingale TRL
County
Comal
City
Spring Branch
State
TX
Zip
78070
Subdivision
Cypress Lake Gardens
Legal Description
CYPRESS LAKE GARDENS/LONGHORN, BLOCK 139, LOT 22
Parcel
1103 Martingale
Interior Features
Floor
Laminate, Tile
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Microwave, Electric Water Heater
Laundry
Inside
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, Ceiling Fan(s), Chandelier, Low Flow Plumbing Fixtures, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), Smoke Detector(s), Double Pane Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2023 / New
Square Feet
1,590 / Builder
Garages
1
Garage Desc
Garage, Parking Pad
Foundation
Slab
Roof
Composition
Construction
Stucco
Acres
0.24
Lot Description
Front Yard, Level
Restrictions
None
Flood Plain
No
View
Hill Country
Water Access
No
Waterfront
No
Area
CM
Utility Info
Water
Private
Sewer
Septic Tank
Utilities
Electricity Connected
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Privacy
Exterior Features
Lighting, Private Yard, Covered, Front Porch, Patio, Rear Porch
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Lake, Park, Playground, Sport Court(s)/Facility

Price history

Members only
Days on market
−$24,500 (−7%)
$349,500 → $325,000
2
Price reductions
Pending
Since Mar 19, 2024
Price trend
List priceMar 2024Apr 2024
Property history4 events
DateEventPriceChange
Apr 24, 2024Pending
Apr 16, 2024Price Decrease$325,000−$4,000 (−1.2%)
Apr 9, 2024Price Decrease$329,000−$20,500 (−5.9%)
Mar 19, 2024New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Comal ISD
Elementary
Rebecca Creek
Middle
Mountain Valley Middle
High
Canyon Lake

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $325,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$1,923 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $1,923

Principal & interest
$1,643
Property taxes
$9
Homeowners insurance
$271

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$260,000$2,906$16,814$257,094
2$257,094$3,101$16,620$253,993
3$253,993$3,308$16,412$250,685
4$250,685$3,530$16,191$247,155
5$247,155$3,766$15,954$243,389
6$243,389$4,019$15,702$239,370
7$239,370$4,288$15,433$235,082
8$235,082$4,575$15,146$230,507
9$230,507$4,881$14,839$225,626
10$225,626$5,208$14,512$220,418
  • Year 1$257,094
    Principal paid
    $2,906
    Interest paid
    $16,814
    Starting balance
    $260,000
  • Year 2$253,993
    Principal paid
    $3,101
    Interest paid
    $16,620
    Starting balance
    $257,094
  • Year 3$250,685
    Principal paid
    $3,308
    Interest paid
    $16,412
    Starting balance
    $253,993
  • Year 4$247,155
    Principal paid
    $3,530
    Interest paid
    $16,191
    Starting balance
    $250,685
  • Year 5$243,389
    Principal paid
    $3,766
    Interest paid
    $15,954
    Starting balance
    $247,155
  • Year 6$239,370
    Principal paid
    $4,019
    Interest paid
    $15,702
    Starting balance
    $243,389
  • Year 7$235,082
    Principal paid
    $4,288
    Interest paid
    $15,433
    Starting balance
    $239,370
  • Year 8$230,507
    Principal paid
    $4,575
    Interest paid
    $15,146
    Starting balance
    $235,082
  • Year 9$225,626
    Principal paid
    $4,881
    Interest paid
    $14,839
    Starting balance
    $230,507
  • Year 10$220,418
    Principal paid
    $5,208
    Interest paid
    $14,512
    Starting balance
    $225,626
First 10 of 30 years

Courtesy of Phyllis Browning Company · (210) 824-7878

Listings courtesy of ACTRIS as distributed by MLS GRID.