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$610,877

NAL Estimated Property Value

1180 Ridgeway Dr, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$500.91 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesMicrowave, Free-Standing Gas Range, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,952 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN02091404110000
Lot Number20
SubdivisionHomewood Heights
Land UseResidential
Legal DescriptionLOT 20 BLK B OLT 14 DIV B HOMEWOOD HEIGHTS
Census Tract000802
Assessed Land Value$450,000
Assessed Improvement Value$160,877
Assessment Year2024

About this property

Welcome to this beautifully restored 3-bedroom, 2-bathroom bungalow in the heart of highly desirable neighborhood of Rosewood in East Austin. Featuring just under 1,100 square feet of thoughtfully designed space, this 1940's, single story, bungalow blends modern comfort with historic charm. Walk into an open floor plan with updated finishes throughout including, white oak wood floors, recessed lights, designer tile, custom cabinetry, dual pane windows, stainless steel appliances including refrigerator, ceiling fans in the bedrooms, mood lighting in the bathrooms and a newly installed roof. Outside is an oversized front porch, perfect for relaxing, overlooking a large front yard. Located in an extremely walkable pocket of East Austin, you are just a stroll away from favorites like Birdies, Sammataro Pizza, Nixta Taqueria and more. Seller open to selling entire back lot.

Investor Tools

Property Icon
$610,877
Estimated Property Value
$418,498Estimated Mortgage Balance
$193,017Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,665 /month
Positive
Cash Flow Estimate:
$1,222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$998/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$610,877
2024
$450,000
$160,877
$610,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$610,877

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$426,000
No
First
Apr 22, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,498
$192,379
31%
69%
$2,555/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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1180 Ridgeway Dr | Property Details | No Agent List