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$654,000

1603 Redd St, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,228 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$293.99 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFree-Standing Range, Refrigerator
FlooringVinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size14,384 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces4

Land Information

APN04091004050000
Lot Number5
SubdivisionFord Place 2
Land UseResidential
Legal DescriptionLOT 5 BLK D FORD PLACE 2
Census Tract002002
Assessed Land Value$386,289
Assessed Improvement Value$235,581
Assessment Year2025

About this property

Rare opportunity to purchase in 78745. TEXT SEELY9 TO 88000 FOR INFO. This single story home sits on a .33acre lot. Front house offers 3bedrooms, 2bathrooms, open layout, and flex space. Guest home features 2bedrooms, 2bathrooms, granite countertops, bamboo flooring, and w/d connections. Get creative with the 300sqft air-conditioned flex space...can be used for 2ndary income, office or guest home - Complete with kitchenette and bathroom. 3- car garage, storage shed, private backyard. MIN. TO DT AUSTINGuest Accommodations: Yes Restrictions: Yes

Investor Tools

Property Icon
$654,000
Estimated Property Value
$457,600Estimated Mortgage Balance
$257,593Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,038
$621,870
2025
$386,289
$235,581
$621,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,038
$621,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$457,600
No
First
Aug 8, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,407
$531,593
57%
61%
$2,744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,744/mo
$-544/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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