Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$513,303

1188 Sarabeth Way, Austin, TX, 78721

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$360 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Oven, Refrigerator, Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size3,833 sqft

Building Information

Year Built2021
Stories2
Roof Type105

Land Information

APN0209160287
Lot Number11
SubdivisionPenn Place Cottages Sec B
Land Use1 Family Dwelling
Legal DescriptionLOT 11 PENN PLACE COTTAGES SEC B
Census Tract002109
Assessed Land Value$210,413
Assessed Improvement Value$302,890
Assessment Year2025

About this property

ntroducing 1188 Sarabeth Way, a contemporary 2-bedroom, 2.5-bath single-family home nestled in the heart of East Austin, within a quaint 27-home community. Built by Prominence Homes, an established Austin builder since 2008, and backed by a 1-2-6 builder warranty, this residence is filled with natural light and designed with modern luxury in mind. The open layout boasts luxury white oak wood flooring, 9-foot ceilings, and sleek finishes, including timeless brushed nickel hardware, smooth panel doors, and quartz countertops. The kitchen features stainless steel appliances, an island with a breakfast bar, and 42” upper cabinets. The primary suite is an airy and peaceful escape, complete with a vaulted ceiling, spacious walk-in closet, dual vanity sinks with quartz countertops, and a walk-in shower. Additional highlights include two covered patios, a private fenced yard with landscaping and irrigation, hand-laid ceramic tile in all baths, and pre-wiring for modern technology throughout the house. Located minutes from local Eastside favorites like Birdie’s, Nixta Taqueria, Sammataro Pizza, and Redbud Icehouse, as well as all the countless amenities of Mueller and Downtown. This home offers the perfect blend of style, convenience, and craftsmanship—an amazing value buy that’s not to be missed. **This home qualifies for a $10,000 lender credit and 1% reduction in a fixed interest rate for 30 years + no PMI for qualified buyers. See agent for details.**

Investor Tools

Property Icon
$513,303
Estimated Property Value
$434,000Estimated Mortgage Balance
$91,547Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$513,303
2025
$210,413
$302,890
$513,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$513,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$434,000
No
First
Oct 25, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,420
$90,883
17%
82%
$2,603/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,003/mo
$-915/mo
4.9%

Learn About the Market: Opportunity in Austin

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1188 Sarabeth Way | Property Details | No Agent List