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$3,082,000

2507 Velasquez Dr, Austin, TX, 78703

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$457.45 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Playground
Lot Size13,957 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01200703280000
Lot Number4
SubdivisionBello Vista
Land UseResidential
Legal DescriptionLOT 4 BLK A BELLO VISTA
Census Tract001604
Assessed Land Value$1,314,832
Assessed Improvement Value$824,097
Assessment Year2025

About this property

For those who love the character of Old West Austin, this home is the perfect combination of traditional style and modern luxury that are the epitome of a quintessential Central Austin lifestyle. On one of the most coveted streets in the area sits this recent remodel (2013) charmer with elegant Palladian windows, wood floors and Energy efficient upgrades. On .32 acres a backyard retreat is adorned with towering oaks and palms, while a large pool/spa center the flagstone patio and lush lawn.EES Features: See Attachment FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$3,082,000
Estimated Property Value
$1,168,400Estimated Mortgage Balance
$2,040,855Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,492 /month
Positive
Cash Flow Estimate:
$6,164 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,993/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,506
$2,050,471
2025
$1,314,832
$824,097
$2,138,929
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,506
$2,050,471

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,168,400
No
First
Sep 17, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,041,145
$2,352,855
69%
34%
$4,690/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.

Explore Texas Explore This Area
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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