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B+
NoAgentList RatingHow are grades calculated? Info

$700,000

11612 Cherisse Dr, Austin, TX, 78739

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,825 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.86 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,769 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04245503260000
Lot Number12
SubdivisionMeridian Sec C Phs 2
Land UseResidential
Legal DescriptionLOT 12 BLK C MERIDIAN SEC C PHS 2
Census Tract033300
Assessed Land Value$250,000
Assessed Improvement Value$359,314
Assessment Year2025

About this property

Sitting on a beautiful, shade tree filled lot, this home boasts high ceilings, tons of natural light, and spacious layout featuring two living areas, one up and one down, a formal dining room, large, bright kitchen with breakfast nook and primary bedroom on main level. The large, recently updated kitchen and stainless appliances showcase tons of cabinet and storage space, and large island. This pet-free home features hardwood flooring throughout all bedrooms and study. The main bedroom feature both a large walk-in closet and ensuite bath with separate vanities, garden tub and walk-in shower. Relax in the well manicured backyard that boasts tons of shade trees, cozy covered porch and tons of room for entertainment and activity. This home has everything and is in a great location with quick access to downtown, entertainment, shopping and more!

Investor Tools

Property Icon
$700,000
Estimated Property Value
$617,600Estimated Mortgage Balance
$130,727Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,221/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,149
$609,314
2025
$250,000
$359,314
$609,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,149
$609,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$617,600
No
First
Mar 3, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,273
$125,727
18%
81%
$3,703/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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11612 Cherisse Dr | Property Details | No Agent List