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$640,000

12620 Grimes Ranch Ct, Austin, TX, 78732

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Gas Cooktop, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size11,504 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01434802100000
Lot Number10
SubdivisionSteiner Ranch Phs 1 Sec 4a
Land UseResidential
Legal DescriptionLOT 10 BLK B STEINER RANCH PHS 1 SEC 4A
Census Tract034900
Assessed Land Value$300,000
Assessed Improvement Value$264,102
Assessment Year2025

About this property

Beautiful limestone home situated at the end of a cul-de-sac on an oversized lot. Tastefully updated with granite, wood floors, designer paint colors and lighting fixtures, stone fireplace, renovated primary bath with frameless shower, and wood-like flooring in bathrooms. Plantation shutters throughout. Guest bedroom + full bath down and 3 bedrooms + 2 baths up. Large game room upstairs with bonus room off the primary bedroom. Tons of storage with multiple attics. Huge lot with plenty of room to play ball or entertain.

Investor Tools

Property Icon
$640,000
Estimated Property Value
$0Estimated Mortgage Balance
$640,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$990/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,686
$564,102
2025
$300,000
$264,102
$564,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,686
$564,102

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$638,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
N/A
+$2,970/mo
5.6%

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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