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$919,000

NAL Estimated Property Value

1403 Waterloo Trl, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,560 Sq Ft
DuplexDuplex
price_per_sqft$407.05 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Oven, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size11,160 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04030707450000
Lot Number11
SubdivisionCinnamon Ridge
Land UseResidential
Legal DescriptionLOT 11 BLK B CINNAMON RIDGE
Census Tract001304
Assessed Land Value$495,000
Assessed Improvement Value$76,782
Assessment Year2024

About this property

Positioned in the heart of Austin’s iconic 78704, this income-producing duplex blends prime location with meaningful upgrades and long-term upside. Recent capital improvements include new HVAC systems installed in 2025 and 2021, offering immediate value and improved efficiency from day one. Situated on an expansive .256-acre lot in Cinnamon Ridge with no HOA, the property features separate electric and gas meters and a slab foundation, providing streamlined management and strong potential for future value-add opportunities. Each unit features a functional single-story layout with efficient use of space, including open living areas, breakfast bar seating, durable tile and wood flooring, private entrances, and separately fenced yards, all designed to support consistent tenant demand and ease of leasing. Unit B was thoughtfully updated in 2015 with new walls, plumbing, electrical, energy-efficient windows, natural wood flooring, and a fully renovated kitchen and bath. Both units also include generous closet space and dedicated storage rooms located off the driveway. Zoned to Zilker Elementary, O. Henry Middle, and Austin High, the property benefits from highly desirable schools that further support long-term appreciation and tenant demand. Just minutes from South Lamar’s most sought-after destinations including Uchi, Loro, Odd Duck, Matt’s El Rancho, Easy Tiger, The Broken Spoke, Gibson Street Bar, Black Sheep Lodge, and Radio Coffee and Beer, you’re immersed in the best of Austin’s dining, live music, and nightlife. Enjoy quick access to Barton Springs, Zilker Park, and downtown, placing you at the center of everything that defines the 78704 lifestyle. With generous land size, strong income potential, and unmatched proximity to Austin’s cultural core, this property presents a rare opportunity to expand, enhance, or hold as a strategic asset where location, flexibility, and recent mechanical upgrades align.

Investor Tools

Property Icon
$919,000
Estimated Property Value
$0Estimated Mortgage Balance
$919,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,514 /month
Positive
Cash Flow Estimate:
$1,838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,332
$571,782
2024
$495,000
$76,782
$571,782
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,332
$571,782

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$919,000
100%
0%
$0/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 Waterloo Trl | Property Details | No Agent List