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$424,000

NAL Estimated Property Value

1178 Ridgeway Dr, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$519.35 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Cooktop, Disposal, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,604 sqft

Building Information

Year Built1955
Stories1
Roof Type112

Land Information

APN02091404120000
Lot Number21
SubdivisionHomewood Heights
Land UseResidential
Legal DescriptionLOT 21 BLK B OLT 14 DIV B HOMEWOOD HEIGHTS
Census Tract000802
Assessed Land Value$268,944
Assessed Improvement Value$137,910
Assessment Year2025

About this property

Cozy east side bungalow close to all the action! Vaulted living room ceilings, open kitchen. Storage shed conveys. Move in right away or take advantage of large backyard and expand. Sold AS-IS.Restrictions: Yes

Investor Tools

Property Icon
$424,000
Estimated Property Value
$249,143Estimated Mortgage Balance
$174,857Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,127/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,406
$406,854
2025
$268,944
$137,910
$406,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,406
$406,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$282,750
No
First
Apr 10, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,143
$163,857
39%
59%
$1,696/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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1178 Ridgeway Dr | Property Details | No Agent List