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$499,000

2602 Coatbridge Dr, Austin, TX, 78745

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,395 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$458.06 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,468 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04121708110000
Lot Number10
SubdivisionCherry Creek Phs Ii Sec 1
Land UseResidential
Legal DescriptionLOT 10 BLK K CHERRY CREEK PHS II SEC 1
Census Tract030400
Assessed Land Value$309,561
Assessed Improvement Value$148,829
Assessment Year2025

About this property

Come see this mid-century 4 bed 2 bath home in sought-after Cherry Creek Subdivision. This backyard oasis awaits you with a pool, spa and expanded TimberTech composite decking area that surrounds the pool and extends from the back of the home to a spa area for amazing entertaining. It invites you to take in the outdoors with its cozy sitting areas, rock paths, and manicured landscape. The lush bamboo, banana trees and vegetation, shaded green space, gorgeous pecan tree and raised garden beds with premium Geo Growers soil are there for your outdoor and gardening enjoyment. This home and property has been impeccably maintained with new Owens-Corning roof 2021, complete pool renovation July 2023 with transferable plaster warranty, Eastern Red Cedar fence 2021 sourced from Bastrop, top of the line Jacuzzi Spa/Hot Tub 2021 with smartphone app, automated interior lights and more. Premier location in the heart of South Austin close to major restaurant and retail, iconic local hot spots, Central Market, SoCo, SoLa and just minutes to downtown. Easy access to Mopac, Loop 360, Hwy 71, IH 35 and 290 West. Quick jaunt down Hwy 71 to the airport. Added information about the home/landscape improvements located in MLS Docs detailing the over 90K spent on this incredible property.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$450,000Estimated Mortgage Balance
$70,137Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,834 /month
Positive
Cash Flow Estimate:
$1,278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$785/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,920
$458,390
2025
$309,561
$148,829
$458,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,920
$458,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$450,000
No
First
Oct 18, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,579
$68,421
13%
86%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$2,698/mo
$-158/mo
6.1%

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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