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$525,945

1406 Braes Ridge Dr, Austin, TX, 78723

Off MarketInfo
Baths2 Bath
Baths1,647 Sq Ft
DuplexDuplex
price_per_sqft$279.3 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFree-Standing Range
FlooringTile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size7,789 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02231510140000
Lot Number19
SubdivisionBraes Ridge Addn Sec No 1
Land UseResidential
Legal DescriptionLOT 19 BRAES RIDGE ADDN SEC NO 1
Census Tract002104
Assessed Land Value$254,598
Assessed Improvement Value$271,347
Assessment Year2025

About this property

multiple offers please have your best offer in by Wed 5/5/2021 at noon. Charming 1 story Duplex in the Windsor Park neighborhood. The location has easy access to major expressways and shopping. Each unit is has 2 bedrooms and 1 bathroom. Fantastic income producing property.

Investor Tools

Property Icon
$525,945
Estimated Property Value
$400,000Estimated Mortgage Balance
$163,453Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,582
$525,945
2025
$254,598
$271,347
$525,945
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,582
$525,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$400,000
No
First
Jun 2, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,191
$162,754
30%
69%
$2,399/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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1406 Braes Ridge Dr | Property Details | No Agent List