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Days2296Days on Market
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$2,299

16101 Mcaloon Way, Austin, TX, 78728

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,977 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Electric Water Heater
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size4,587 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02802003030000
Lot Number6
SubdivisionRaceway Single Family Subd Sec 3
Land UseResidential
Legal DescriptionLOT 6 BLK I RACEWAY SINGLE FAMILY SUBD SEC 3
Census Tract045600
Assessed Land Value$75,000
Assessed Improvement Value$358,593
Assessment Year2025

About this property

Well-maintained home with open floorplan located just north of The Domain in Preston Village! Wood floors in living area, carpet in bedrooms & upstairs gameroom/loft. First time this home has been a rental. Zoned to RRISD--McNeil High! Located in the heart of the Tech Corridor in N Austin, with easy access to Samsung, Dell & new Apple Campus! Contact Agent regarding Pets. Please follow all COVID protocols as Sellers (short-term tenants) still occupying home through end of June.

Investor Tools

Property Icon
$433,593
Estimated Property Value
$262,425Estimated Mortgage Balance
$203,325Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,602 /month
Positive
Cash Flow Estimate:
$867 /month

Interested in this property?

Cortez Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,294
$433,593
2025
$75,000
$358,593
$433,593
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,294
$433,593

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Equity Mortgage Llc
Conventional
$262,425
No
First
Apr 21, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,234
$202,359
46%
53%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,689/mo
+$399/mo
5.8%

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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16101 Mcaloon Way | Property Details | No Agent List