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$1,582,000

NAL Estimated Property Value

1507 Norris Dr, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,130 Sq Ft
price_per_sqft$842.72 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Wine Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size15,390 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01020714050000
Lot Number4
SubdivisionBarton Hills Sec 4
Land UseResidential
Legal DescriptionLOT 4 BLK 2 BARTON HILLS SEC 4
Census Tract001923
Assessed Land Value$767,800
Assessed Improvement Value$760,463
Assessment Year2025

About this property

Stunning Zilker rancher perched just above the park on a huge .35ac lot! Current owners have completed numerous upgrades and renovations to the property during their tenure with the latest being a pool and hot tub installed fall of 2020. See docs for full list of enhancements and improvements.

Investor Tools

Property Icon
$1,582,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,582,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,770 /month
Positive
Cash Flow Estimate:
$3,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,042
$1,528,263
2025
$767,800
$760,463
$1,528,263
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,042
$1,528,263

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,528,263
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
N/A
+$2,470/mo
1.9%

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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1507 Norris Dr | Property Details | No Agent List