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$959,000

NAL Estimated Property Value

1501 Cinnamon PATH A & B, Austin, TX, 78704

SoldInfo
7/15/26
Baths0 Bath
Baths2,128 Sq Ft
DuplexDuplex
price_per_sqft$373.59 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Free Standing Electric Range, Ice Maker, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
FlooringCarpet Free, Concrete, Tile, Vinyl, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,131 sqft

Building Information

Year Built1982
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04040713070000
Lot Number5
SubdivisionCinnamon Ridge
Land UseResidential
Legal DescriptionLOT 5 BLK C CINNAMON RIDGE
Census Tract001304
Assessed Land Value$386,501
Assessed Improvement Value$132,106
Assessment Year2025

About this property

Turnkey Cash-Flowing Duplex in 78704 - Perfect House Hack! Stop paying rent and start building equity in South Austin’s hottest neighborhood - just minutes from destinations like Uchi, Loro, Odd Duck, Matt’s El Rancho, The Broken Spoke, & Radio Coffee. This renovated 2-story 2,128 SF duplex offers the ultimate house-hacking opportunity. Let your tenant pay your mortgage. Each unit features 2 bedrooms, 1.5 baths, carport, great storage, pet-friendly cement floors on the main level with open floorplan and fireplace, 5 panel solid doors, updated kitchen with new cabinets, stylish pendant lights, stainless GE appliances, quartz countertops, dimmable ceiling lights, and laundry hook-ups. Primary bedrooms include large WICs and north-facing balconies. Wood or LVP in bedrooms (no carpet). Low-maintenance exteriors with inviting backyards: pet-friendly, fenced-in, xeriscaped with string lights surrounded by mature trees. Side A is vacant: includes LG washer & dryer and HVAC done in 2019. Side B is rented through Jan. 31, 2027 for $2495 with new HVAC in 2025. New Roof and water heaters for both units done in 2019. Duplex has been grossing $60K revenue in last several years. Whether you're looking to tap into the short-term rental market or lock in a long-term lease, this is an incredible opportunity for first-time investors. Showings start Sunday May 24th.

Investor Tools

Property Icon
$959,000
Estimated Property Value
$0Estimated Mortgage Balance
$959,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,754 /month
Positive
Cash Flow Estimate:
$1,918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,404/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,052
$518,607
2025
$386,501
$132,106
$518,607
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,052
$518,607

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$959,000
100%
0%
$0/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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1501 Cinnamon PATH A & B | Property Details | No Agent List