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Owner Contacts

$685,000

3106 French Pl, Austin, TX, 78722

Off Market

2 Beds

1 Bath

1,537 Sq Ft

Single Family Residence

$422.9 / sqft

Built in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating

Cooling

AppliancesFree-Standing Gas Range, Free-Standing Refrigerator, Washer

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesNone

Lot Size7,675 sqft

Building Information

Year Built1940

Stories1

Roof Type105

Garage Spaces2

Land Information

APN02131004120000

Lot Number10

SubdivisionForest Hills Subd

Land UseResidential

Legal DescriptionLOT 10 BLK 3 OLT 31 DIV C FOREST HILLS SUBD

Census Tract000401

Assessed Land Value$360,369

Assessed Improvement Value$167,915

Assessment Year2025

About this property

Charming 2 bed, 1 bath, 1940s home in Cherrywood close to downtown and all its amenities, while still offering a tree-lined neighborhood that is family-friendly. This home and its location remind us why we fell in love with Austin. Just a bike ride or walk to nearby tacos, restaurants, bars, and outdoor food parks on Manor. This 1350 SQFT home boasts beautiful dark hardwood floors throughout, with an open plan that is rare for homes this age and location (great opportunity to open up the floor plan even more). Enjoy the neighborhood from your front porch, or backyard. The yard has a detached 2-car garage and an office flex space that is approximately 187 SQFT.

Investor Tools

$685,000

Estimated Property Value

$450,000Estimated Mortgage Balance

$275,626Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,110 /month

Positive

Cash Flow Estimate:

$1,370 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,111/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,908

$528,284

2025

$360,369

$167,915

$528,284

Tax History

Year

Tax Paid

Assessed Value

2024

$9,908

$528,284

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loanpeople Llc

Conventional

$450,000

First

Aug 30, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$409,374

$293,626

41%

60%

$2,698/mo

Learn About the Market: Opportunity in Austin

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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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