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$628,000

NAL Estimated Property Value

1508 Palo Duro Rd, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,211 Sq Ft
price_per_sqft$378.94 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Free-Standing Range, Refrigerator, Washer, Water Heater
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesNone
Lot Size8,655 sqft

Building Information

Year Built1951
Stories1
Garage Spaces1

Land Information

APN02300502300000
Lot Number20
SubdivisionViolet Crown Heights Sec 2 Resub
Land UseResidential
Legal DescriptionLOT 20 BLK U VIOLET CROWN HEIGHTS SEC 2 RESUB
Census Tract001505
Assessed Land Value$381,135
Assessed Improvement Value$202,693
Assessment Year2025

About this property

Charming home w/many updates on a quiet street in popular Crestview. Freshly painted in and out. New roof. Original oak hardwood floors in living and secondary bedrooms. Recently-replaced HVAC system. Attached 1-car garage w/storage area above. Very deep, shaded fenced yard with new covered concrete patio, and storage shed. Great for add-on/expansion. Brentwood Elem./Lamar MS/McCallum High. Includes refrigerator, washer/dryer. Walk to area cafes, shops & services. Flood insurance is not required.Restrictions: Unknown

Investor Tools

Property Icon
$628,000
Estimated Property Value
$0Estimated Mortgage Balance
$628,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,768 /month
Positive
Cash Flow Estimate:
$1,256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,331
$583,828
2025
$381,135
$202,693
$583,828
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,331
$583,828

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$606,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
4.0%

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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1508 Palo Duro Rd | Property Details | No Agent List