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$2,420,000

NAL Estimated Property Value

1903 Toro Canyon Rd, Austin, TX, 78746

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,190 Sq Ft
DuplexDuplex
price_per_sqft$262.53 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony
Lot Size19,166 sqft

Building Information

Year Built1976
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01211306020000
Lot Number2
SubdivisionWestlake Madrones Sec 2
Land UseResidential
Legal DescriptionLOT 2 BLK B WESTLAKE MADRONES SEC 2
Census Tract001913
Assessed Land Value$791,664
Assessed Improvement Value$1,304,553
Assessment Year2025

About this property

LARGE 3-2½ / 3-2½ duplex with some deferred maintenance. Unit B (owner occupied) has some lovely updates (see photos), Unit A needs some work to get it rentable. Aside from the Unit B improvements the structure is in generally poor condition; all value is in the land. 0.44 Acre lot has fantastic views to the west. New construction going in next door and up and down Toro Canyon. Lots at this price are hard to come by in Westlake Highlands. 5.7 miles to downtown. Duplex can generate some carry while your client is drawing up plans. Sunset photos were taken by owner at various times from the balcony with an iPhone.

Investor Tools

Property Icon
$2,420,000
Estimated Property Value
$3,813,779Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,520 /month
Positive
Cash Flow Estimate:
$4,840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,766
$1,329,678
2025
$791,664
$1,304,553
$2,096,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,766
$1,329,678

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Archwest Funding Llc
Open End Mortgage / Open End With Future Advance Clause
$1,890,000
No
First
Feb 11, 2025
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,813,779
N/A
0%
158%
$23,204/mo

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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1903 Toro Canyon Rd | Property Details | No Agent List