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$862,000

NAL Estimated Property Value

197 Encanto Pl, Austin, TX, 78737

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,043 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.04 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available

Exterior

Lot Size12,197 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR160915
Lot Number6
SubdivisionBelterra Sec 20-1
Land UseResidential
Legal DescriptionBELTERRA SEC 20-1, BLOCK B, LOT 6, ACRES 0.28 TAX CODES:RSP,SDS,WHC2
Census Tract010816
Assessed Land Value$185,850
Assessed Improvement Value$661,760
Assessment Year2025

About this property

This Extraordinary One Story Belterra Neighborhood Stunner comes with loads of features! Starting with a beautiful wrought iron front door to give you an amazing grand entrance, high ceilings throughout this home, upgraded tile floor with a wood look, large study for all of your home office needs, and a rare and yet truly spacious media room that could be used for a Gameroom or a playroom! Searching for a large family room, your wait is over in this unique floorplan that comes with a wide, entertaining family room that is open to the kitchen as well as the dining area. Countertop space was not left out in this kitchen… tons of quartz countertop space with a large center island for all of your cooking preparation needs. The kitchen also comes with stainless steel appliances including double ovens, large pantry, and a butler pantry for extra storage! Take a relaxing bath in the large garden tub centered between two spacious vanities in the primary bath or take a shower in the spacious stand alone walk-in shower! There’s no disappointment on this home’s backyard either… enjoy a nice summer drink or a warm winter cup of coffee under your covered patio porch area or entertain with a massively large separate level backyard with mature trees and tons of space on over a quarter of an acre lot for your outdoor activities! The home is conveniently located near tons of shopping, restaurants, bars, and more at the entrance of the neighborhood off of highway 290. Don’t miss out on this opportunity to be in one of Dripping Springs sought after neighborhoods!

Investor Tools

Property Icon
$862,000
Estimated Property Value
$707,489Estimated Mortgage Balance
$155,668Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,172 /month
Positive
Cash Flow Estimate:
$1,724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,757/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,771
$847,610
2025
$185,850
$661,760
$847,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,771
$847,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$736,250
No
First
Feb 21, 2024
Mar 2205

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$707,489
$140,121
16%
82%
$4,415/mo

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.

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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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197 Encanto Pl | Property Details | No Agent List