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Owner Contacts

$1,380,000

2005 Holly St, Austin, TX, 78702

Off Market

3 Beds

2 Bath

2,616 Sq Ft

Single Family Residence

$573.01 / sqft

Built in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

Exterior

Lot Size6,743 sqft

Building Information

Year Built2014

Stories2

Roof Type105

Garage Spaces2

Land Information

APN02000802030000

Lot Number6

SubdivisionDriving Park Addn

Land UseResidential

Legal DescriptionLOT 6 BLK H OLT 60&61 DIV O DRIVING PARK ADDN

Census Tract001000

Assessed Land Value$460,525

Assessed Improvement Value$776,531

Assessment Year2025

About this property

HOLLY DISTRICT BEAUTY! Built in 2014, this stunning home is right in the heart of historic East Austin. It is less than a mile from 35 and (4) blocks to Lady Bird Lake! Ride your bike to any of the nearby restaurants or bars. This 2-story home boasts tons of upgrades including imported Turkish lights, Caeserstone kitchen counters, imported Italian counter in powder room, Chef's kitchen with state of the art appliances, high end finishes with Porcelanosa tiles, designer fireplace, custom linen blinds, multiple outdoor areas, alley access, and mature trees. Spacious patio with composite decking great for entertaining, new water heater (March 2021). Photos taken in 2016 when home was professionally staged.

Investor Tools

$1,380,000

Estimated Property Value

$1,228,000Estimated Mortgage Balance

$267,151Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$8,994 /month

Positive

Cash Flow Estimate:

$2,998 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,778/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$26,442

$1,237,056

2025

$460,525

$776,531

$1,237,056

Tax History

Year

Tax Paid

Assessed Value

2024

$26,442

$1,237,056

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$1,228,000

First

Jun 4, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,114,995

$199,005

15%

81%

$7,363/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$7,363/mo

$-5,275/mo

1.8%

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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