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$530,360

11906 Farrier Ln # 31, Austin, TX, 78748

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.7 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Lot Size5,976 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04402307320000
Lot Number31
SubdivisionSummerrow Condominiums
Land UseResidential
Legal DescriptionUNT 31 SUMMERROW CONDOMINIUMS PLUS .909 % INT IN COM AREA
Census Tract033200
Assessed Land Value$28,563
Assessed Improvement Value$501,797
Assessment Year2025

About this property

Discover 2346 +/- sqft of stunning, almost-new charm in the community of Summerrow, right in the heart of South Austin. This spacious home offers 4 bedrooms, 2.5 baths, and a large second living area—everything you need for comfortable living. Step inside and enjoy the open floor plan, bright spaces, and seamless connection between the kitchen, dining, and living areas. The modern kitchen boasts stainless appliances, chic white shaker-style cabinets, a large island/breakfast bar, a spacious pantry, and sleek subway tile. The recently installed luxury vinyl plank flooring upstairs adds a clean, modern feel, perfectly complementing the abundant natural light. The primary bedroom is large and welcoming, featuring a spa-like bath with a dual vanity, a walk-in shower, and a generous walk-in closet. Just outside the primary suite, you'll find a large second living space and three more spacious bedrooms. Outside, enjoy a large yard and a spacious covered patio, perfect for relaxing or entertaining. With a two-car garage and driveway space for two additional cars, parking is a breeze. Summerrow HOA fees cover trash, recycling, and lawn maintenance for both the front and backyard! Located just minutes from Moontower Saloon, Armadillo Den, Lustre Pearl South, Hive Coffee Shop, multiple HEBs, and Southpark Meadows, with easy access to Mopac and I-35 and only 12 miles to downtown Austin. Plus, enjoy a super low tax rate! Don't miss out on this spacious and stylish home—it's waiting for you!

Investor Tools

Property Icon
$530,360
Estimated Property Value
$348,000Estimated Mortgage Balance
$0Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,182 /month
Positive
Cash Flow Estimate:
$1,061 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$890/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,027
$530,360
2025
$28,563
$501,797
$530,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,027
$530,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$348,000
No
First
Feb 9, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$551,461
N/A
0%
104%
$3,586/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$3,586/mo
$-996/mo
5.9%

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.

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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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11906 Farrier Ln # 31 | Property Details | No Agent List