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$664,000

NAL Estimated Property Value

11516 Cherisse Dr, Austin, TX, 78739

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.03 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,370 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04245503190000
Lot Number5
SubdivisionMeridian Sec C Phs 2
Land UseResidential
Legal DescriptionLOT 5 BLK C MERIDIAN SEC C PHS 2
Census Tract033300
Assessed Land Value$250,000
Assessed Improvement Value$360,268
Assessment Year2025

About this property

RARE 1 story home in Meridian for lease. NO CARPET! Beautiful home with tile and wood floors and high ceilings! This property has the traditional charm that makes you feel right at home. Large kitchen, silestone counters, breakfast bar, spacious master bath. As for location, it provides quick access to 1826 to get to 290 or take 45 to Mopac. Home boasts the hill country feel so you have the sense you are in the hill country, but have easy access to all Austin has to offer. This home won't last long..FEMA - Unknown Sprinkler Sys:Yes

Investor Tools

Property Icon
$664,000
Estimated Property Value
$0Estimated Mortgage Balance
$664,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,984 /month
Positive
Cash Flow Estimate:
$1,328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,675
$610,268
2025
$250,000
$360,268
$610,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,675
$610,268

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$652,000
100%
0%
$0/mo

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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11516 Cherisse Dr | Property Details | No Agent List