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$3,920,000

1510 Rainbow Bnd, Austin, TX, 78703

Off MarketInfo
Beds5 Beds
Baths8 Bath
Baths4,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$506.73 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 8Bathrooms Full 8
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size17,119 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces4

Land Information

APN01130108080000
Lot Number2 & N
SubdivisionEnfield D
Land UseResidential
Legal DescriptionLOT 2 & NW TRI OF LOT 1 RESUB OF LOT 41-44 ENFIELD D
Census Tract001605
Assessed Land Value$1,186,786
Assessed Improvement Value$1,433,217
Assessment Year2025

About this property

Highly Sought After "Old Enfield" Completely Renovated in 2012. Stunning Soft Contemporary Design, Two Masters Suites, Gourmet Kitchen with Special Order Italian Granite and Built-in Island Sushi Bar, Very Rare Stone, Imported Mosaic Tile From Lebanon, Tiled Niches, Oversized Picture Windows, Custom Shades, and So Much More! A Fantastic Opportunity to Live in the Heart of the City as close as you can get to downtown in a neighborhood. Direct View of the UT Tower and City Lights.Guest Accommodations: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$3,920,000
Estimated Property Value
$1,470,000Estimated Mortgage Balance
$2,863,916Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,520 /month
Positive
Cash Flow Estimate:
$7,840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$46,626
$2,620,003
2025
$1,186,786
$1,433,217
$2,620,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$46,626
$2,620,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Arm (Adjustable Rate Mortgage)
$1,470,000
No
First
May 21, 2015
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,056,084
$2,809,916
72%
27%
$5,855/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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1510 Rainbow Bnd | Property Details | No Agent List