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$3,671,769

NAL Estimated Property Value

2507 Spring Ln, Austin, TX, 78703

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,268 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$861.06 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Built-In Gas Range, Dishwasher, Disposal
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,845 sqft

Building Information

Year Built2019
Stories3
Roof Type105
Garage Spaces1

Land Information

APN01170406190000
Lot Number118
SubdivisionTarry Town No 6
Land UseResidential
Legal DescriptionLOT 118 *& N 25 FT OF LOT 119 TARRY TOWN NO 6
Census Tract001603
Assessed Land Value$868,512
Assessed Improvement Value$2,803,257
Assessment Year2025

About this property

Stunning new construction by Otto Design + Build on a ¼ acre lot in the heart of Tarrytown. This 6 bed, 5.5 bath, 4300 square feet home includes a wrap around covered porch, two car garage, real wood doors, and a gorgeous front yard tree. The custom iron and glass front doors open into a large entertaining space featuring a grand living room with high ceilings, home office with a private bathroom, laundry room, and built-in bar. The oversized chef's kitchen features top of the line appliances, dual farmhouse sinks, and quartz countertops. Huge collapsible glass doors open to a covered porch with a fireplace overlooking a picturesque pool with plenty of yard space. A covered breezeway connects the main home to the detached two-car garage with a second level studio and balcony. Private sliding glass doors lead from the pool to the master suite, including a full glass spa enclosure and oversized walk-in closet with natural light. All secondary bedrooms are on the second floor, as well as a large game room perfect for a home theater. Located around the corner from Lake Austin's Oyster Landing Marina, Abel's on the Lake, and Hula Hut, and just a short drive from downtown Austin and South Congress, this home offers the best of Austin within the comfort of one of Austin's most prominent neighborhoods.

Investor Tools

Property Icon
$3,671,769
Estimated Property Value
$2,331,273Estimated Mortgage Balance
$1,340,496Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$22,050 /month
Positive
Cash Flow Estimate:
$7,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$7,669/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$73,665
$3,671,769
2025
$868,512
$2,803,257
$3,671,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$73,665
$3,671,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Republic Bank
Conventional
$2,572,500
No
First
Jun 10, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,331,273
$1,340,496
36%
63%
$15,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$15,424/mo
$-12,884/mo
0.8%

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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2507 Spring Ln | Property Details | No Agent List