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Days1622Days on Market
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$490,000

1106 S Meadows Dr # 2, Austin, TX, 78758

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.73 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Built-In Range, Dishwasher
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size4,591 sqft

Building Information

Year Built2022
Stories2
Garage Spaces1

Land Information

APN02461612030000
Subdivision1106 South Meadows Drive Condominiums
Land UseResidential
Legal Description1106 SOUTH MEADOWS DRIVE CONDOMINIUMS UNT 2 PLUS 50.00 % INT IN COM AREA
Census Tract040900
Assessed Land Value$100,000
Assessed Improvement Value$182,732
Assessment Year2025

About this property

Rare dual-unit opportunity in North Austin — minutes from The Domain and Q2 Stadium. This newly constructed property delivers two fully separate living spaces on one lot. The main house offers a 3-bedroom, 2-bath layout with an attached single-car garage, a private fenced backyard, and an upstairs balcony built for Texas sunsets. The detached accessory unit adds a 2-car garage, dedicated office, a full bedroom, and a full bath — ready for guests, extended family, or short-term rental income. Combined, the property offers 4 bedrooms, 3 bathrooms, and garage parking for three vehicles across both structures, with genuine STR flexibility: live in one unit and rent the other, or operate both as a rental for scalable income in one of Austin's highest-demand corridors.

Investor Tools

$0Estimated Mortgage Balance
$432,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Rod Mora

Local Life Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$120,000
2025
$100,000
$182,732
$282,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$120,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$546,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
5.8%

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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1106 S Meadows Dr # 2 | Property Details | No Agent List