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$491,991

1418 Meander Dr, Austin, TX, 78721

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,527 sqft

Building Information

Year Built2018
Stories1
Roof Type105

Land Information

APN02102101060000
Lot Number6
SubdivisionLincoln Gardens No 2
Land UseResidential
Legal DescriptionLOT 6 BLK 2 LINCOLN GARDENS NO 2
Census Tract002110
Assessed Land Value$240,090
Assessed Improvement Value$251,901
Assessment Year2025

About this property

Great lot in hot east Austin! Bring your investors! Zones SF3. Minutes from downtown and all that the east side has to offer.Restrictions: Yes

Investor Tools

Property Icon
$491,991
Estimated Property Value
$360,000Estimated Mortgage Balance
$172,809Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$976/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,257
$491,991
2025
$240,090
$251,901
$491,991
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,257
$491,991

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$360,000
No
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,485
$171,506
34%
65%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,159/mo
$-71/mo
5.1%

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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1418 Meander Dr | Property Details | No Agent List