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$619,838

NAL Estimated Property Value

1518 Piedmont Ave, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,104 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$384.96 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size6,878 sqft

Building Information

Year Built1950
Stories1
Roof Type183
Garage Spaces2

Land Information

APN02340701290000
Lot Number28
SubdivisionCrestview Sec 2
Land UseResidential
Legal DescriptionLOT 28 BLK G *RESUB PT OF BLS D B G A & F CRESTVIEW SEC 2
Census Tract001504
Assessed Land Value$456,572
Assessed Improvement Value$185,096
Assessment Year2025

About this property

Builder / Redevelopment Opportunity in Crestview – Sold Primarily for Lot Value. Prime Crestview Redevelopment Opportunity on Piedmont Ave Situated in the heart of highly desirable Crestview, this 0.1579-acre homesite presents a rare opportunity for builders and investors looking to create something new in one of Central Austin’s most sought-after neighborhoods. Located on Piedmont Avenue—where numerous original homes have already made way for striking modern construction—this property is ideally positioned for redevelopment. The existing home, originally built in 1950 and expanded over the decades, sits on a generously sized lot with mature trees and excellent frontage along a street that continues to see significant new build activity. With surrounding properties being transformed into custom residences, the setting is ideal for a new construction project that takes advantage of the location and strong buyer demand for modern homes in Crestview. Just minutes from Burnet Road’s popular restaurants, coffee shops, and local favorites, as well as easy access to Downtown Austin, The Domain, and major employers, this location offers the walkability and central convenience that today’s buyers seek. Opportunities to build in Crestview continue to narrow as the neighborhood evolves—making this Piedmont Avenue property an exceptional canvas for a custom home or investment project in the heart of Central Austin.

Investor Tools

Property Icon
$619,838
Estimated Property Value
$0Estimated Mortgage Balance
$619,838Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,719 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$776
$619,838
2025
$456,572
$185,096
$641,668
No

Tax History

Year
Tax Paid
Assessed Value
2024
$776
$619,838

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$619,838
100%
0%
$0/mo

City: Austin

1518 Piedmont Ave | Property Details | No Agent List