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$150,000

10616 Mellow Meadows DR 5B, Austin, TX, 78750

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths796 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$188.44 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Dryer, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Refrigerator, Washer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1990
Stories1

Land Information

APNR-16-4981-0000-0005-B
SubdivisionPark West Condo
Land UseResidential
Legal DescriptionC724 - PARK WEST CONDO, BUILDING 5, UNIT 5-B, 0.51% COMMON AREA INTEREST
Census Tract020403
Assessed Land Value$57,337
Assessed Improvement Value$117,123
Assessment Year2025

About this property

Don't miss your chance to get in this area! Walk to Westwood high school 2 blocks away!! Updated 2 bedroom, one bath condo ! So many updates, but we will name a few. Updated Vinyl Plank flooring! New stainless appliances including glass stove top, microwave, dishwasher and refrigerator. New cabinets, new countertops, and backsplash to the bottom of the cabinets. New 2 inch blinds throughout! Very energy efficient unit w/refurbished ac heat pump.! Family room w/real wood burning fireplace, great for cozy evenings!. Breakfast area overlooks side yard so you can watch the hummingbirds from your breakfast table! Sleek, clean updated kitchen great for entertaining and all cooking adventures. Separate laundry room with washer and dryer for your convenience. Acclaimed Round Rock schools including Grisham middle school and Westwood high school, both in walking distance!! Great area to walk to gyms, restaurants, and shopping. Grocery stores nearby too!. Easy access to major Austin roadways make this a property to make sure you see! Community pool just up the street,, with exclusive use for these units. Call today for private showing!.

Investor Tools

Property Icon
$174,460
Estimated Property Value
$0Estimated Mortgage Balance
$108,374Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,047 /month
Positive
Cash Flow Estimate:
$349 /month

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Kathy Chappell

Pacesetter Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,150
$174,460
2025
$57,337
$117,123
$174,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,150
$174,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$101,850
No
First
May 22, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,086
$108,374
62%
38%
$867/mo

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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10616 Mellow Meadows DR 5B | Property Details | No Agent List