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$1,850,000

1407 Parkinson DR 1, Austin, TX, 78704

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,232 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$828.85 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size4,526 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN03020325020000
Lot Number1
Subdivision1407 Parkinson Drive Site Condominiums
Land UseResidential
Legal DescriptionUNT 1 1407 PARKINSON DRIVE SITE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001402
Assessed Land Value$525,000
Assessed Improvement Value$1,007,066
Assessment Year2025

About this property

Modern, sustainably-built home by Verde Custom Builders on a private lot with stunning views astounds in Travis Heights, one of Austin’s hottest urban neighborhoods. Enjoy high-end finishes and clean lines throughout, airy and open living spaces, a chef’s kitchen with quartz countertops and professional appliances, white-oak hardwoods and stylish concrete flooring (no carpet), modern statement lighting, Smart Home Design automation features, custom closets, and panoramic views of the city skyline. The second floor features an oversized owner’s suite with balcony, two spacious guest bedrooms, a flexible loft area, and two outdoor living spaces including yacht hot tub perfectly suited for entertaining or savoring peaceful sunsets with a stunning downtown Austin backdrop. A rare find in Travis Heights, this contemporary, luxurious home offers both a 2-car air conditioned over-sized garage with generous storage for home gym experience or any other additional home use needs. and a fully-fenced front yard. Come witness the South Congress bats fly overhead on one of the two roof decks! If details and location matter, this one is a must-see!

Investor Tools

Property Icon
$1,541,000
Estimated Property Value
$0Estimated Mortgage Balance
$396,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,100 /month
Positive
Cash Flow Estimate:
$3,700 /month

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Laura McMillan

Austintatious512

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,412
$1,309,279
2025
$525,000
$1,007,066
$1,532,066
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,412
$1,309,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$1,260,000
No
First
Jul 2, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,144,050
$396,950
25%
74%
$7,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$7,555/mo
$-5,085/mo
1.9%

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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1407 Parkinson DR 1 | Property Details | No Agent List