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$2,871,000

NAL Estimated Property Value

2010 Meadowridge Dr, Austin, TX, 78704

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths2,402 Sq Ft
DuplexDuplex
price_per_sqft$520.4 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,579 sqft

Building Information

Year Built2023
Stories2
Roof Type312
Garage Spaces2

Land Information

APN01000814160000
Lot Number2
SubdivisionAvon Heights Sec 8
Land UseResidential
Legal DescriptionLOT 2 AVON HEIGHTS SEC 8
Census Tract001304
Assessed Land Value$707,385
Assessed Improvement Value$1,310,451
Assessment Year2025

About this property

Pristine duplex in the heart of Zilker with shopping, trendy eateries, Zilker Park, Downtown, and Zilker Elementary within moments away! Sitting on a large, flat .22 acre lot there is immense value in the land, but the duplex is incredibly well-kept as well. A unit features 2 bed/2 baths and B unit 2 bed/1.5 baths. Functional layouts with 1 car garage each, backyard spaces, large fireplaces, and private utilities on each side. Well-preserved duplexes like this don't come often! Get up high enough and see that stellar downtown view! Multi-million dollar new construction next door! Savvy investors can collect rent for years while riding the incredible appreciative value of a premium South Austin neighborhood, then build their dream home or flip a new build!

Investor Tools

Property Icon
$2,871,000
Estimated Property Value
$2,350,538Estimated Mortgage Balance
$522,940Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,226 /month
Positive
Cash Flow Estimate:
$5,742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,973/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,325
$2,017,836
2025
$707,385
$1,310,451
$2,017,836
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33,325
$2,017,836

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$2,390,750
No
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,350,538
$520,462
18%
82%
$14,721/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$14,721/mo
$-11,871/mo
1.2%

City: Austin

2010 Meadowridge Dr | Property Details | No Agent List