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$369,000

NAL Estimated Property Value

1913 Cleese DR 197C, Austin, TX, 78741

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,803 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$321.69 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Self Cleaning Oven, Tankless Water Heater
FlooringCarpet, Concrete, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3,777 sqft

Building Information

Year Built2016
Stories3
Roof Type105
Garage Spaces1

Land Information

APN03090306090000
Lot Number197C
SubdivisionEdgewick Condominiums Amended
Land UseResidential
Legal DescriptionUNT 197C EDGEWICK CONDOMINIUMS AMENDED PLUS .3333 % INT IN COM AREA
Census Tract002307
Assessed Land Value$30,213
Assessed Improvement Value$327,880
Assessment Year2025

About this property

Come see this fabulous three story property at the highly desirable gated Edgewick Community. Edgewick is a friendly community with a community pool, large dog park, and quick access to Mabel Davis District Park. With only a short five minute commute to downtown, you can enjoy the benefits of a quiet and private community while still enjoying all of Austin’s favorites like Lady Bird Lake hike and bike trail, Rainey Street, South Congress and 6th street. In addition to easy access, you may enjoy a colorful panoramic view of the community (and even get a glimpse of downtown) from any of the 3 front facing outdoor porches. Large windows allow for amazing natural lighting and dual access blinds help you control the setting any time of the day. The open layout with its living, kitchen, dining space, half bathroom, along with the deck on the first floor, make it a perfect entertainment space! The second floor boasts the spacious master bedroom, master bathroom with his and her sinks, walk in closet, and laundry room along with a landing area great for setting up a workspace. The third floor has two additional bedrooms and an additional full bathroom. This particular house is unique for its well manicured backyard complete with a large entertaining deck, bistro lights, & landscaped private fencing. The HOA pays for landscaping maintenance. There is an attached single car garage connecting the first floor to the deck. It is also a smart house equipped with all your favorite tech gadgets; August smart locks, Nest thermostats that individually control each floor, and smart wifi light switches which convey. Refrigerator, washer & dry convey. Tastefully designed with modern lighting and light colored counters & flooring finishes. New luxury vinyl, geometric tiling and new deck painting (5/22). Owners request lease back to 6/30. Don’t miss out on this amazing opportunity before it’s gone! Offer deadline Monday at 12pm

Investor Tools

Property Icon
$369,000
Estimated Property Value
$563,507Estimated 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
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$913/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,117
$358,093
2025
$30,213
$327,880
$358,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,117
$358,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$608,000
No
First
Jun 14, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,507
N/A
0%
153%
$3,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,941/mo
$-1,853/mo
6.8%

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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1913 Cleese DR 197C | Property Details | No Agent List