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$518,000

1508 Ridgemont Dr, Austin, TX, 78723

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.84 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Oven, Refrigerator, Washer/Dryer
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,448 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02231607160000
Lot Number19
SubdivisionDelwood 4 Sec B
Land UseResidential
Legal DescriptionLOT 19 BLK T DELWOOD 4 SEC B
Census Tract002104
Assessed Land Value$260,529
Assessed Improvement Value$226,684
Assessment Year2025

About this property

This charming four-bedroom, two-bathroom home is nestled in the heart of the Windsor Park neighborhood. Just a short walk to restaurants, schools, the library, CVS, and HEB, this location offers unparalleled convenience. The home features a beautifully renovated kitchen, brand-new LVT flooring throughout, new window coverings, spacious bedrooms, and a layout that's perfect for in-laws or roommates. With a huge yard and pet-friendly amenities -- including a doggie door! -- this property is a rare find in one of Austin's most desirable communities.

Investor Tools

Property Icon
$518,000
Estimated Property Value
$0Estimated Mortgage Balance
$518,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,060/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,128
$487,213
2025
$260,529
$226,684
$487,213
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,128
$487,213

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$568,000
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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1508 Ridgemont Dr | Property Details | No Agent List