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$492,759

NAL Estimated Property Value

1194 Sarabeth Way, Austin, TX, 78721

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,494 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$364.79 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Stainless Steel Appliance(s)
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size3,629 sqft

Building Information

Year Built2021
Stories2
Roof Type105

Land Information

APN02091602840000
Lot Number8
SubdivisionPenn Place Cottages Sec B
Land UseResidential
Legal DescriptionLOT 8 PENN PLACE COTTAGES SEC B
Census Tract002109
Assessed Land Value$207,838
Assessed Improvement Value$284,921
Assessment Year2025

About this property

Step into style and comfort with this modern cottage-style gem nestled in vibrant East Austin. This 2-bedroom, 2.5-bathroom home perfectly blends contemporary design with cozy charm, starting with inviting curb appeal, a private driveway, and a covered front entry. Inside, you'll find an open-concept layout with crisp white walls and polished concrete flooring that brings in warmth and natural light throughout the main level. The spacious living area flows seamlessly into the dining room and kitchen, equipped with a large center island, breakfast bar, quartz countertops, stainless-steel appliances, a walk-in pantry, and abundant cabinetry for all your storage needs. Upstairs, retreat to the primary suite with vaulted ceilings, a walk-in closet, and sunset views from the large window. The secondary bedroom is equally spacious and includes its own full bathroom, perfect for guests or roommates. The fenced backyard offers a patio for relaxing or entertaining, and backs to a row of bamboo—giving it a serene and private feel. Just minutes from Mueller, Downtown Austin, & Lady Bird Lake, this home offers unbeatable access to everything East Austin has to offer. From local restaurants and coffee shops to parks, markets, and vibrant nightlife, you'll be right in the heart of one of the city's most dynamic neighborhoods. A perfect blend of low-maintenance living, stylish finishes and a prime location, this one is not to be missed. Schedule a showing today!

Investor Tools

Property Icon
$492,759
Estimated Property Value
$533,703Estimated Mortgage Balance
$492,759Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,270 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,051/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,151
$492,759
2025
$207,838
$284,921
$492,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,151
$492,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$540,000
No
First
Aug 8, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$533,703
N/A
0%
108%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,638/mo
$-1,550/mo
5.1%

City: Austin

1194 Sarabeth Way | Property Details | No Agent List