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$783,000

NAL Estimated Property Value

328 El Socorro Ln, Austin, TX, 78732

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,830 Sq Ft
price_per_sqft$247.35 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,896 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN0135530228
Lot Number28
SubdivisionRiver Dance Phs 3
Land Use1 Family Dwelling
Legal DescriptionLOT 28 BLK D RIVER DANCE PHS 3
Census Tract035100
Assessed Land Value$300,000
Assessed Improvement Value$363,511
Assessment Year2025

About this property

Amazing opportunity in Steiner Ranch! Tucked away on a quiet cul-de-sac with a private yard and no neighbors behind, this lovely 4 bedroom/3.5 bathroom home has many special features. Driving up to the home, you'll notice the brick and stone exterior and incredible landscaping. There is a charming front porch, and upon entry to the home, you'll be met by a spacious foyer, sitting room, and formal dining space. These spaces showcase the crown molding and tray ceilings found throughout the home. Walking past the dining room, you'll be greeted by the bright and spacious main living areas. The huge kitchen has a large island, stainless steel appliances, granite countertops, and tons of cabinet and counter space. The kitchen opens to a breakfast area and the living room. A stone fireplace anchors the living room, and there are tons of windows overlooking the beautiful backyard. There is also a door that leads to a covered back patio. The main floor primary suite overlooks the backyard and features tray ceilings, a spacious walk-in closet, and a large ensuite bathroom. The ensuite bathroom has a huge jetted tub, a separate walk-in shower, and a double vanity with excellent counter and storage space. Upstairs, there are three guest bedrooms (one with an ensuite bathroom), an additional full bathroom, and a fabulous open space with built-ins that would make a fantastic office, homework, pool room, or TV space. The outdoor space will likely be one of your favorites with a large front yard and porch, a spacious, fully-fenced backyard with a covered patio plus an uncovered patio, and plenty of flat green space. And don't forget the excellent Steiner Ranch amenities including pools, parks, sports fields, tennis courts, hike/bike trails, and so much more!

Investor Tools

Property Icon
$783,000
Estimated Property Value
$500,094Estimated Mortgage Balance
$283,688Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,698 /month
Positive
Cash Flow Estimate:
$1,566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
$478/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$663,511
2025
$300,000
$363,511
$663,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$663,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$513,000
No
First
Nov 19, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$500,094
$284,906
36%
64%
$3,076/mo

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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328 El Socorro Ln | Property Details | No Agent List