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$1,182,000

NAL Estimated Property Value

1103 Merlene Dr, Austin, TX, 78732

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,393 Sq Ft
price_per_sqft$203.07 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Double Oven, Stainless Steel Appliance(s)
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size12,354 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces4

Land Information

APN01295808060000
Lot Number15
SubdivisionRiver Ridge
Land UseResidential
Legal DescriptionLOT 15 BLK D RIVER RIDGE
Census Tract035100
Assessed Land Value$310,087
Assessed Improvement Value$883,248
Assessment Year2025

About this property

Amazing home with very high end finish outs. Large private lot in a sought after fun lakeside community with very low taxes. 5 garage parking spaces or 3 and parking for RV & boat & tons of additional parking space. Locking storage closet can store all your valuables safely. 4 bedrooms plus a dedicated office. Heavily treed lot & open floor plan make this home an entertainers dream come true. Neighborhood is within award winning Leander ISD & this home is within the River Ridge Elementary boundaries.

Investor Tools

Property Icon
$1,182,000
Estimated Property Value
$457,125Estimated Mortgage Balance
$724,875Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,092 /month
Positive
Cash Flow Estimate:
$2,364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,992
$1,013,421
2025
$310,087
$883,248
$1,193,335
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,992
$1,013,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$510,400
No
First
Dec 7, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,125
$938,875
67%
39%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$3,061/mo
$-91/mo
3.0%

City: Austin

1103 Merlene Dr | Property Details | No Agent List