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$1,005,000

NAL Estimated Property Value

12012 Nevada Dr, Austin, TX, 78738

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size11,957 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01235501360000
Lot Number47
SubdivisionLake Pointe Sec 5
Land UseResidential
Legal DescriptionLOT 47 BLK A LAKE POINTE SEC 5
Census Tract034000
Assessed Land Value$112,520
Assessed Improvement Value$619,997
Assessment Year2025

About this property

Welcome to 12012 Nevada! This beautiful home is nestled in a cul-de-sac in a gorgeous sought after neighborhood. The majority of the living space offers 3 bedrooms plus an office on the main floor. Huge bonus room upstairs with a balcony with awesome views for relaxing. This home is within walking distance to the exemplary school as well as the community pool and parks, preserve/trails, Lake Austin waterfront, and other neighborhood amenities. Fantastic shopping, dining, and entertainment at nearby Hill Country Galleria are just a walk or bike-ride away.

Investor Tools

Property Icon
$1,005,000
Estimated Property Value
$260,180Estimated Mortgage Balance
$745,318Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,030 /month
Positive
Cash Flow Estimate:
$2,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,495
$732,517
2025
$112,520
$619,997
$732,517
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,495
$732,517

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$286,000
No
First
Jul 1, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,180
$750,820
74%
26%
$1,715/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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12012 Nevada Dr | Property Details | No Agent List