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$1,105,816

NAL Estimated Property Value

2502 Princeton Dr, Austin, TX, 78741

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,363 Sq Ft
price_per_sqft$260.45 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesExhaust Fan, Gas Range, Microwave
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesNone
Lot Size11,090 sqft

Building Information

Year Built2021
Stories2
Roof Type183
Garage Spaces2

Land Information

APN03090604100000
Lot Number12
SubdivisionBurleson Road Heights
Land UseResidential
Legal DescriptionLOT 12 BLK D BURLESON ROAD HEIGHTS
Census Tract002313
Assessed Land Value$267,040
Assessed Improvement Value$838,776
Assessment Year2025

About this property

GREAT INVESTMENT OPPORTUNITY!! Come See This Fixer This Fixer Upper, And Awesome Return Potential. Home Has Metal Roof, and Is On .25 Acre Lot, With Mature Trees In Peaceful Neighborhood.Some Updates Have Been Made Already.... The Cast Iron Pipes Have Been Replaced, Electrical Box Has As Well. A/C Is Newer and Hot Water Heater too! Home Comes With Large Storage Building In Back And Screened in Porch Could Be Amazing For Entertaining. Transferable Lifetime Foundation Warranty For Next Home Owner. Easy Access To 71, 1-35, Airport, Telsa, And Downtown.

Investor Tools

Property Icon
$1,105,816
Estimated Property Value
$898,991Estimated Mortgage Balance
$206,825Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,635 /month
Positive
Cash Flow Estimate:
$2,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,439
$1,105,816
2025
$267,040
$838,776
$1,105,816
No

Tax History

Year
Tax Paid
Assessed Value
2024
$27,439
$1,105,816

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstar Bank Ssb
Building Or Construction Loan
$975,940
No
First
Apr 22, 2021
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$898,991
$206,825
18%
81%
$5,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$5,444/mo
$-3,356/mo
2.3%

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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2502 Princeton Dr | Property Details | No Agent List