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Owner Contacts

$393,064

12714 Margit Dr, Austin, TX, 78729

Off Market

3 Beds

3 Bath

1,494 Sq Ft

Single Family Residence

$234.27 / sqft

Built in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s)

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Building Information

Year Built1991

Stories2

Garage Spaces2

Land Information

APNR-16-4640-000A-0064

Lot Number64

SubdivisionMilwood

Land UseResidential

Legal DescriptionMILWOOD SEC 29, BLOCK A, LOT 64

Census Tract020410

Assessed Land Value$84,000

Assessed Improvement Value$309,064

Assessment Year2025

About this property

Fixer upper! Great potential to make this home your own in a great location nestled within Austin's tech corridor. Apple campus minutes away. Easy access to 183, Mopac & Parmer. Very close to Rattan Park w/pool and sports courts. Elementary school is minutes away. Close proximity to downtown. Established area with large trees. No HOA. Tons of shopping and dining nearby. Perks include white rock masonry on front side of home, living that flows into dining room and kitchen. Fireplace. Large backyard. Additional living space upstairs. Spacious master suite with dual vanity sinks and walk in closet.

Investor Tools

$393,064

Estimated Property Value

$368,207Estimated Mortgage Balance

$33,560Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,358 /month

Positive

Cash Flow Estimate:

$786 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$738/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,892

$393,064

2025

$84,000

$309,064

$393,064

Tax History

Year

Tax Paid

Assessed Value

2025

$6,892

$393,064

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loanpeople Llc

Fha

$368,207

Yes

First

Jan 8, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$360,061

$33,003

92%

$2,208/mo

Learn About the Market: Opportunity in Austin

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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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