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$480,000

NAL Estimated Property Value

1403 Melissa Oaks Ln, Austin, TX, 78744

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,281 Sq Ft
price_per_sqft$212.63 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Electric Range, Disposal, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,321 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04340906050000
Lot Number5
SubdivisionCrossing At Onion Creek Sec 3&4 Amended
Land UseResidential
Legal DescriptionLOT 5 BLK 4 CROSSING AT ONION CREEK SEC 3&4 AMENDED PLAT OF
Census Tract002451
Assessed Land Value$78,241
Assessed Improvement Value$331,549
Assessment Year2025

About this property

Come experience this special home backing to a peaceful greenbelt, offering beautiful natural views and exceptional privacy. The screened-in porch provides the perfect place to relax and take in the serene setting, while extended patios create additional outdoor spaces ideal for entertaining or enjoying quiet evenings. Inside, the modern open living area features oversized rooms, abundant natural light, and a welcoming layout designed for everyday living and gatherings alike. Recent updates include granite countertops, updated lighting, and stylish hardware throughout, making this home truly move-in ready. With four spacious bedrooms, two and a half bathrooms, and two separate living areas, the flexible floor plan offers plenty of room for a variety of lifestyles. Ideally located just minutes from Downtown Austin, this home offers convenient access to the city while being tucked away in a quiet, established neighborhood. Enjoy the perfect balance of vibrant city living and peaceful surroundings.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$348,970Estimated Mortgage Balance
$131,681Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,160
$409,790
2025
$78,241
$331,549
$409,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,160
$409,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$380,000
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,970
$131,030
27%
73%
$2,279/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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1403 Melissa Oaks Ln | Property Details | No Agent List