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$392,000

16224 Travesia Way, Austin, TX, 78728

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,977 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.75 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size4,421 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02821806200000
Lot Number32
SubdivisionRaceway Single Family Subd Sec 2
Land UseResidential
Legal DescriptionLOT 32 BLK A RACEWAY SINGLE FAMILY SUBD SEC 2
Census Tract045600
Assessed Land Value$75,000
Assessed Improvement Value$310,826
Assessment Year2025

About this property

Feel the open space with soaring ceilings in this modern home that provides great efficiency and is walking distance to the gorgeous community pool. It comes will all appliances, washer, dryer, and refrigerator. It looks and feels like a brand new home. Very low 1.98 Tax Rate!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$392,000
Estimated Property Value
$177,500Estimated Mortgage Balance
$233,663Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$715/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,621
$385,826
2025
$75,000
$310,826
$385,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,621
$385,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$177,500
No
First
Oct 13, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,656
$237,344
59%
40%
$1,065/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,065/mo
+$1,023/mo
6.4%

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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16224 Travesia Way | Property Details | No Agent List