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$377,252

NAL Estimated Property Value

1421 Merchants Tale Ln, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$326.51 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range, Gas Oven, Free-Standing Gas Range, Water Heater
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard
Lot Size6,077 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04362315280000
Lot Number14
SubdivisionCanterbury Trails Sec Iv
Land UseResidential
Legal DescriptionLOT 14 BLK C CANTERBURY TRAILS SEC IV
Census Tract033200
Assessed Land Value$150,000
Assessed Improvement Value$227,252
Assessment Year2025

About this property

BRAND NEW Flooring throughout the whole house! Sizzling Hot South Austin Gem! Beautiful one-story 3BD/2BA home in the highly sought-after Canterbury Trails neighborhood in South Austin. This well-established, tree-filled community is in the popular South Menchaca Rd Entertainment District with several restaurants, food trailers, and a plethora of popular entertainment spots like Lustre Pearl South, Moontower Saloon, Armadillo Den, Austin Roller Rink, The Hive, South Austin Beer Garden, and so much more. The charming home is just waiting for you to come and make it your own. Featuring an awesome functional floor plan with a centrally located kitchen, sunny dining area, and a large, bright, and airy living room that overlooks the charming backyard. The lovely kitchen offers freshly painted white cabinetry, tile backsplash, a gas range, a pantry, and a dishwasher. You’ll love all the space in the owner’s suite, which features its own ensuite bathroom and a spacious walk-in closet. The covered back patio is the perfect outdoor entertaining space and overlooks the expansive backyard, which is the real star of the show! This property mixes sustainable xeriscaping with lush gardens and a perfectly sized lawn area. A grove of mature shade trees with winding stone paths provides the perfect place to escape with a good book and enjoy the birds singing. An extended xeriscaped patio space is made for grilling out and dining under the stars. Canterbury Trails is a peaceful neighborhood that is perfect for casual evening strolls. Just a few blocks from the home you will find the neighborhood park & playground, which provides access to several hike & bike trails that weave throughout South Austin. Great proximity to South Park Meadows for all your shopping needs. Easy access to 1626, which will get you to I-35 and Mopac quickly.

Investor Tools

Property Icon
$377,252
Estimated Property Value
$374,725Estimated Mortgage Balance
$3,850Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
$51/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$377,252
2025
$150,000
$227,252
$377,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$377,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Armed Forces Bank Na
Va
$400,000
Yes
First
Oct 12, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,725
$2,527
0%
99%
$2,399/mo

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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1421 Merchants Tale Ln | Property Details | No Agent List