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$754,000

NAL Estimated Property Value

324 El Socorro Ln, Austin, TX, 78732

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,764 Sq Ft
price_per_sqft$150.14 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Tile

Exterior

Exterior FeaturesDock, Private Yard
Lot Size6,268 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01355302290000
Lot Number27
SubdivisionRiver Dance Phs 3
Land UseResidential
Legal DescriptionLOT 27 BLK D RIVER DANCE PHS 3
Census Tract035100
Assessed Land Value$300,000
Assessed Improvement Value$320,961
Assessment Year2025

About this property

A rare find at this price point, this beautiful property in a cul-de-sac features high-end upgrades that make you feel at home. With lofty ceilings, a grand kitchen, master suite, and custom built-ins, this home surrounds you with elegance. The private backyard with a pergola and ceiling fans extends your living space. Flexible floorplan with study/5th Bed on main floor. Short walk to the elementary school & Bella Mar community center. New Roof in 2016, , Replaced HVAC in 2015, Brand new Carpet.FEMA - Unknown Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$754,000
Estimated Property Value
$354,314Estimated Mortgage Balance
$399,686Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,524 /month
Positive
Cash Flow Estimate:
$1,508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,247/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,193
$620,961
2025
$300,000
$320,961
$620,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,193
$620,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$394,041
No
First
Feb 13, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,314
$434,686
55%
47%
$2,363/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,970/mo
$2,403/mo
+$567/mo
4.7%

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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324 El Socorro Ln | Property Details | No Agent List