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$1,278,000

NAL Estimated Property Value

1604 Forest Hill Dr, Austin, TX, 78745

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$489.3 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1.75Bathrooms Full 1.75
Bathrooms Half 1.25Bathrooms Half 1.25
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,867 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04091204030000
Lot Number3
SubdivisionPark Forest Sec 1
Land UseResidential
Legal DescriptionLOT 3 BLK A PARK FOREST SEC 1
Census Tract002002
Assessed Land Value$375,000
Assessed Improvement Value$76,510
Assessment Year2024

About this property

On the hunt for a modern abode crafted with the avid entertainer in mind? Look no further than this sensational new construction home offering luxurious living in Austin! This 4 bed/3 bath house boasts 2,851 sq ft and a luxury pool. Its timeless exterior exudes sophistication with a combination of wood, glass, and siding. Across the open sunlit interiors, wide-plank flooring and vaulted ceilings are on display. The living room flows seamlessly into a warm chandelier-lit dining area where you can enjoy memorable meals. Just steps away, the home cook will delight in stainless appliances, a chic tile backsplash, ample cabinetry, and a handsome island for additional prep space. Features like neutral hues, hardwood floors, and high ceilings extend across multiple gathering areas upstairs. Surpassing all your retreats in size and elegance is the fabulous primary suite with an oversized walk-in closet. The pocket doors lead to a stress-melting, contemporary bath equipped with dual sinks, a soaking tub, and a glass-enclosed shower. Head to the patio for some alfresco dining with guests or relaxing reading while overlooking the lush, fenced-in yard with amazing pool. Come for a tour before this opportunity passes you by!

Investor Tools

Property Icon
$1,278,000
Estimated Property Value
$1,026,867Estimated Mortgage Balance
$251,133Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,067/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$438,924
2024
$375,000
$76,510
$451,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$438,924

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$1,040,000
No
First
Mar 27, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,026,867
$251,133
19%
80%
$6,136/mo

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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1604 Forest Hill Dr | Property Details | No Agent List