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$760,000

326 Mendocino Ln, Austin, TX, 78737

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,274 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$334.21 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Cooktop, Double Oven, Dishwasher, Gas Cooktop, Microwave, Oven, Range Hood, Stainless Steel Appliances
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNo Exterior Steps, Private Yard, Uncovered Courtyard
Lot Size7,405 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR149021
Lot Number16
SubdivisionBelterra
Land UseResidential
Legal DescriptionBELTERRA SEC 15, BLOCK B, LOT 16, ACRES 0.17 TAX CODES:RSP,SDS,WHC2
Census Tract010816
Assessed Land Value$185,850
Assessed Improvement Value$468,266
Assessment Year2025

About this property

Tucked inside The Cove, a gated enclave of just 43 semi-custom homes within Belterra, 326 Mendocino Lane is low-maintenance living that feels like a permanent exhale. This single-story stone and stucco home offers 4 bedrooms (1 currently a study), 3 full bathrooms, and a rare Harvest or Wine room, with one bedroom and bath set apart in a fully detached casita. Every bedroom is finished with plantation shutters and rich wood-plank tile flooring. Approximately 2,274-builder sqft, built in 2020. Step through the gated courtyard entry, framed by a stone accent wall and glass door, into an open-concept living space anchored by exposed ceiling beams, high ceilings, and a handsome stone fireplace. Rich wood-plank tile floors run throughout. The kitchen brings upgraded granite countertops, crisp white cabinetry, a center island, and open flow into the dining and living areas, ideal for quiet mornings and easy entertaining. Recent updates include a replaced dishwasher and microwave (under 4 years old). The primary suite is a true retreat, with a spa-style bath featuring a floor-to-ceiling marble-look tile walk-in shower with bench seating and a spacious walk-in closet. Every bedroom is finished with plantation shutters and luxury vinyl flooring. Outdoor living is where this home shines. A custom screened-in back porch with a wood-plank ceiling extends the living space, while the private gated courtyard, upgraded and leveled limestone patio, custom limestone sidewalks, and metal-edged gardens create a resort-like feel. Both front and back landscaping are professionally maintained, plus a gated backyard, wrought iron railings, and mature new plantings. This is genuine lock-and-go living. The HOA handles mowing, irrigation checks, and quarterly treatments, so your weekends stay yours. Belterra amenities include a fitness room, adult and children's pools, pickleball, tennis, basketball, splash pads, playgrounds, and miles of trails, all bordered by peaceful greenbelt.

Investor Tools

$296,569Estimated Mortgage Balance
$387,431Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,560 /month
Positive
Cash Flow Estimate:
$1,520 /month

Interested in this property?

Gene Arant

Keller Williams - Lake Travis

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,132/month
$218/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,167
$654,116
2025
$185,850
$468,266
$654,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,167
$654,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$326,000
No
First
Nov 9, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,569
$387,431
56%
43%
$1,955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,173/mo
+$847/mo
5.3%

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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