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$965,000

16708 Cory Cactus Dr, Austin, TX, 78738

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.02 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Double Oven, Self Cleaning Oven, Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,860 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01119002510000
Lot Number20
SubdivisionRocky Creek Ranch Sec 2
Land UseResidential
Legal DescriptionLOT 20 BLK B ROCKY CREEK RANCH SEC 2
Census Tract036600
Assessed Land Value$192,410
Assessed Improvement Value$580,576
Assessment Year2025

About this property

New Drees Custom Home in Rocky Creek. The new Sonoma plan is a gorgeous home featuring the master suite and an additional bedroom downstairs and two more bedrooms upstairs! Large Family room with high ceiling and a stone fireplace. There's a study, gameroom and a media room too! Rocky Creek offers a community pool, park and hike/bike trails. Minutes from Galleria Shops and restaurants. Lake Travis Schools. December 2014 completion.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$965,000
Estimated Property Value
$435,000Estimated Mortgage Balance
$575,405Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,790 /month
Positive
Cash Flow Estimate:
$1,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,713/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,729
$772,986
2025
$192,410
$580,576
$772,986
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,729
$772,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Firstbank
Conventional
$435,000
No
First
Dec 2, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,144
$570,856
59%
41%
$2,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,659/mo
+$361/mo
3.8%

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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16708 Cory Cactus Dr | Property Details | No Agent List