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$692,802

NAL Estimated Property Value

11401 Sombrero Dr, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$262.55 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free-Standing Electric Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1.37 acres

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04401909020000
Lot Number10
SubdivisionSan Leanna Estates
Land UseResidential
Legal DescriptionLOT 10 *LESS SW 40X40FT SAN LEANNA ESTATES
Census Tract002407
Assessed Land Value$529,529
Assessed Improvement Value$163,273
Assessment Year2025

About this property

Discover this 1.34-acre wooded corner lot nestled in the charming Village of San Leanna. With 3 spacious bedrooms, 2 bathrooms, a cozy living room, and a den complete with an electric fireplace, this home offers a world of potential. The bedrooms are generously sized, ensuring comfort for you and your family. While the core structure of the house is solid, it does require some updates to make it your own. Adding to the appeal of this property, there's a convenient storage building with electricity. The property is connected to the city water supply. Moreover, an old water well and pump house are still on the premises, potentially offering an opportunity to be reactivated. You'll be pleased to know that the zoning ordinances in the Village of San Leanna allow for the potential addition of an Accessory Dwelling Unit (ADU) or Guest House. This opens up a world of possibilities, making the property ideal for multi-generational living or creating a family compound where loved ones can be close but still enjoy their own space. It's important to note that the Village of San Leanna permits a maximum of two accessory buildings on any single lot, ensuring the aesthetics and harmony of the community. Embrace the potential of this picturesque corner lot in the Village of San Leanna, and let your imagination run wild with the possibilities this property holds.

Investor Tools

Property Icon
$692,802
Estimated Property Value
$410,800Estimated Mortgage Balance
$282,673Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,157 /month
Positive
Cash Flow Estimate:
$1,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,169
$692,802
2025
$529,529
$163,273
$692,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,169
$692,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Stand Alone Second / Subordinate Position
$427,500
No
First
Feb 9, 2024
Mar 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$410,800
$282,002
40%
59%
$2,564/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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11401 Sombrero Dr | Property Details | No Agent List