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$697,000

NAL Estimated Property Value

1506 West Ln, Austin, TX, 78732

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$316.22 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Oven
FlooringTile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size10,707 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01275806320000
Lot Number4&5
SubdivisionLake Austin Village
Land UseResidential
Legal DescriptionLOT 4&5 LAKE AUSTIN VILLAGE
Census Tract035100
Assessed Land Value$303,030
Assessed Improvement Value$210,112
Assessment Year2025

About this property

On a spacious private lot just one block from Lake Austin, this recently updated home home is a true gem. With no HOA and zoned within the coveted Vandegrift High School boundaries, this property is perfect for those looking for that country feel without being too far from shopping, dining and amenities. Offering an open floorplan and many large windows, each space feels welcoming and inviting. To the left as you enter, the family room is positioned to feature lovely views of the front and side yards where deer can frequently be seen playing. Perfect for entertaining, the large kitchen is open to the family room with a bar area in between. The adjacent dining area with a cozy window seat opens to the pack patio.The spacious master suite features an en suite bath and 2 closets, a beautiful tray ceiling and it’s own window seat. The large lot with no restrictions provides plenty of space to store your boat, RV or other toys. Walk to two public boat ramps on Lake Austin, and only approx. 7 miles to Lake Travis.

Investor Tools

Property Icon
$697,000
Estimated Property Value
$304,511Estimated Mortgage Balance
$392,489Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,182 /month
Positive
Cash Flow Estimate:
$1,394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,528
$377,480
2025
$303,030
$210,112
$513,142
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,528
$377,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Conventional
$340,000
No
First
Dec 2, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,511
$523,489
63%
44%
$2,039/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.

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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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1506 West Ln | Property Details | No Agent List