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$522,274

NAL Estimated Property Value

1409 Ridgemont Dr, Austin, TX, 78723

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,204 Sq Ft
price_per_sqft$228.41 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesNone
Lot Size9,605 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02211506050000
Lot Number5
SubdivisionDelwood 4 Sec B
Land UseResidential
Legal DescriptionLOT 5 BLK M DELWOOD 4 SEC B
Census Tract002104
Assessed Land Value$261,089
Assessed Improvement Value$261,185
Assessment Year2025

About this property

SUPER CUTE BUNGALOW IN COVETED DELWOOD! NICELY UPDATED& WELL MAINTAINED ON OVERSIZED LOT W TOWERING TREES! LARGE PICTURE WINDOWS FOR TONS OF NATURAL LIGHT, ORIGINAL HARDWDS, REMODELED KITCHEN W NEW CABINETS, GRANITE COUNTERS& BACKSPLASH, SS APPLIANCES & SLATE TILE FLRS! THIS IS WHERE MODERN UPDATES MEET TASTEFUL RETRO W TONS OF CHARM! BUILT IN CHINA CABINET, CROWN MOLDING, RECESSED LIGHTS, BRUSHED NICKEL FIXTURES & 2in WD BLINDS! BIKE TO BARTHOLOMEW PARK/POOL, MUELLER SHOPPING & TONS OF YUMMY RESTAURANTS!

Investor Tools

Property Icon
$522,274
Estimated Property Value
$255,796Estimated Mortgage Balance
$266,478Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,134 /month
Positive
Cash Flow Estimate:
$1,045 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$911/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,326
$522,274
2025
$261,089
$261,185
$522,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,326
$522,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity
Conventional
$289,100
No
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,796
$266,478
51%
49%
$1,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,734/mo
+$354/mo
4.8%

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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1409 Ridgemont Dr | Property Details | No Agent List