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$768,530

3311 Cherrywood Rd, Austin, TX, 78722

Off MarketInfo
Baths1,600 Sq Ft
DuplexDuplex
price_per_sqft$374.38 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bathrooms Full 1.75Bathrooms Full 1.75
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size7,418 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02141112070000
SubdivisionDivision C
Land UseResidential
Legal Description50 X 150FT OLT 32 DIVISION C
Census Tract000402
Assessed Land Value$358,973
Assessed Improvement Value$409,557
Assessment Year2025

About this property

FABULOUS owner financing available at 5% interest rate making this the perfect opportunity for buyers or investors on this duplex Call agent for details and terms!!! This is an ideal chance for investor or savvy homeowners looking to maximize their real estate portfolio in highly sought after Cherrywood neighborhood! With the 2 units, each just under 800 sq ft, this property offers ample living space and potential income. The front unit is a blank canvas with the kitchen and bathroom needing to be completed presenting great opportunity for customization. The back unit has been updated and is ready for immediate occupancy This makes it attractive for any investor or DIY buyer who wants to live in the back unit while finishing the front unit. Both units boast 2 bedrooms plus 1 bath plus offer privacy. Whether you choose to live in one unit and rent out the other or even lease both units for maximum income potential, this duplex is a versatile investment opportunity. Beyond the units is a flat private yard providing ample space for outdoor activities or gardening plus allowing the ideal space for entertaining guests. Location is another stand out feature, nestled in the highly desirable Cherrywood neighborhood close to coffee shops, charming eateries, parks and local hotspots making it a vibrant and engaging community to call home. In addition you're close to UT, Moody Center and St David's Hospital. Don't miss out on this opportunity to own your duplex offering limitless potential. Schedule a showing today.

Investor Tools

Property Icon
$768,530
Estimated Property Value
$539,100Estimated Mortgage Balance
$252,186Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,611 /month
Positive
Cash Flow Estimate:
$1,537 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,722
$768,530
2025
$358,973
$409,557
$768,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,722
$768,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Seth Davis
Seller Carryback / Seller Financing / Seller Take-Back
$539,100
No
First
Jan 4, 2024
Mar 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$517,194
$251,336
32%
67%
$3,233/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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3311 Cherrywood Rd | Property Details | No Agent List