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$1,534,000

NAL Estimated Property Value

1701 Norris Dr, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$881.9 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size8,825 sqft

Building Information

Year Built1955
Stories2
Roof Type105
Garage Spaces160

Land Information

APN01020712060000
Lot Number14
SubdivisionBeverly Heights
Land UseResidential
Legal DescriptionLOT 14 BEVERLY HEIGHTS
Census Tract001304
Assessed Land Value$684,720
Assessed Improvement Value$545,105
Assessment Year2025

About this property

Luxury meets cozy in the Zilker neighborhood! Live the quintessential Austin lifestyle on Norris. This home features many recent updates including a luxurious and spacious kitchen, perfect for the culinary enthusiast, plus a screen porch that’s an entertainer and outdoor lover’s dream. The flexible floor plan offers easy living, ideal for a work-from-home set up. The upstairs office suite features a full bathroom and tons of space that could easily be utilized as a fourth bedroom. A backyard guest casita exudes boho vibes and offers immediate rental income potential. The backyard is magical and a must-see. You cannot beat this location on a quiet, tree-covered street in the most desirable spot in town. Walk to Zilker Park, Barton Springs, and nearby dining and entertainment. Main House: 1,949 Sq Ft, 2 Bedrooms + Office/Loft, 3 Baths, Casita: 261 Sq Ft, 1 Bedroom, 1 Bath

Investor Tools

Property Icon
$1,534,000
Estimated Property Value
$801,750Estimated Mortgage Balance
$733,446Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,694 /month
Positive
Cash Flow Estimate:
$3,898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,356
$1,229,825
2025
$684,720
$545,105
$1,229,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,356
$1,229,825

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$405,000
No
First
Sep 19, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$801,750
$712,250
47%
52%
$4,858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$4,858/mo
$-2,388/mo
1.9%

City: Austin