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$617,000

NAL Estimated Property Value

1402 Palo Duro Rd, Austin, TX, 78757

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$508.06 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Freezer, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Self Cleaning Oven, Washer/Dryer, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard
Lot Size10,481 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APN02300502190000
Lot Number22
SubdivisionViolet Crown Heights Sec 2 Resub
Land UseResidential
Legal DescriptionLOT 22 BLK U VIOLET CROWN HEIGHTS SEC 2 RESUB
Census Tract001505
Assessed Land Value$396,002
Assessed Improvement Value$210,263
Assessment Year2025

About this property

Welcome to 1402 Palo Duro Rd, a charming mid-century home nestled in the heart of the desirable Crestview neighborhood. This beautifully maintained property boasts original hardwood floors that flow throughout the bright and open main living area. This home offers unique features that set it apart from others in the area. Enjoy a spacious primary suite complete with a built-in office, and a versatile second bedroom that opens to the living area—ideal for a guest room, or second office, or a flex space. The large dining space comfortably accommodates a 6-person table, making it perfect for hosting gatherings. Step outside to an expansive deck, ideal for outdoor dining and relaxation. A garage adds convenience and extra storage. A tasteful 2019 kitchen remodel, including all new appliances, and an on-demand tankless water heater make this home as effective as it is inviting. Situated in a prime location within Crestview, this home is within walking distance to a variety of fantastic restaurants, shops, and parks. Just down the street, you’ll find the beautiful Brentwood Neighborhood Park. This home is perfect for anyone who desires a quiet, friendly neighborhood while being close to all the amenities that make Austin special. Designed with versatility in mind, this home is perfect for two people to comfortably work from home with two separate office spaces, or the ability to have a dedicated office space and a dedicated second bedroom is fantastic. **Note: The sellers are willing to fully enclose second bedroom before closing (Removing the barn doors and replacing with a wall), at seller's expense if that configuration is more beneficial. The pictures include a virtual rendering of what that would look like.** Don't miss your chance to own this exceptional property. Schedule a showing today and experience the best of Austin living at 1402 Palo Duro Rd!

Investor Tools

Property Icon
$617,000
Estimated Property Value
$548,384Estimated Mortgage Balance
$49,073Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,126
$606,265
2025
$396,002
$210,263
$606,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,126
$606,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premier Mortgage Resources Llc
Conventional
$567,000
No
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$548,384
$57,881
9%
89%
$3,400/mo

Learn About the Market: Opportunity in Austin

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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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1402 Palo Duro Rd | Property Details | No Agent List