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$1,482,000

1421 Preston Ave, Austin, TX, 78703

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$788.04 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Gas Cooktop, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size8,425 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01160005030000
Lot Number1
SubdivisionPemberton Heights Sec 8
Land UseResidential
Legal DescriptionLOT 1 *& W 10 FT OF LOT 2 BLK 27 PEMBERTON HEIGHTS SEC 8
Census Tract001603
Assessed Land Value$1,040,381
Assessed Improvement Value$522,654
Assessment Year2025

About this property

ALL OFFERS DUE BY 5:00PM ON SUNDAY 10/3. A very charming home in one of the best block of Pemberton Heights. This home is updated, but retains it's 1930's charm. Hardwood floors, large windows and updated bathrooms are some of the best features. The third bedroom can be used as a den or office and has a custom built-in TV cabinet. Designer light fixtures, lots of sunlight, custom drapes, cedar closet, can lighting, and high ceilings.

Investor Tools

Property Icon
$1,482,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,482,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,892 /month
Positive
Cash Flow Estimate:
$2,964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,355
$1,244,485
2025
$1,040,381
$522,654
$1,563,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,355
$1,244,485

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,587,000
100%
0%
$0/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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1421 Preston Ave | Property Details | No Agent List