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$2,312,000

NAL Estimated Property Value

1609 Northwood Rd, Austin, TX, 78703

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,634 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$569.48 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size11,056 sqft

Building Information

Year Built1937
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01180101040000
Lot Number5
SubdivisionEdgemont
Land UseResidential
Legal DescriptionE 50 FT OF LOT 5 *& W 25 FT OF LOT 6 BLK 5 EDGEMONT
Census Tract001603
Assessed Land Value$1,001,465
Assessed Improvement Value$748,781
Assessment Year2025

About this property

Bring your architect, vision and builder to see this treasured Central Austin home lovingly owned by the same family since 1959! Fabulous Pemberton location, on a tree-lined street close to downtown, is ready for either a total renovation or new build. If you decide to renovate the original hardwood floors are already there for you throughout much of the home. Lovely family room with fireplace and lots of windows throughout. One-quarter acre lot features a large backyard pool and patio. Don't miss this opportunity in one of Central Austin's most coveted neighborhoods!

Investor Tools

Property Icon
$2,312,000
Estimated Property Value
$2,299,998Estimated Mortgage Balance
$15,936Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,872 /month
Positive
Cash Flow Estimate:
$4,624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,788/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45,898
$1,750,246
2025
$1,001,465
$748,781
$1,750,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$45,898
$1,750,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$2,429,730
No
First
May 17, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,299,998
$234,002
9%
99%
$14,568/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$14,568/mo
$-12,028/mo
1.3%

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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1609 Northwood Rd | Property Details | No Agent List