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$1,495,000

3405 Cascadera Dr, Austin, TX, 78731

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$582.62 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size14,980 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01250501280000
Lot Number7
SubdivisionBalcones Park Edgemont Sec 2
Land UseResidential
Legal DescriptionLOT 7 BLK D BALCONES PARK EDGEMONT SEC 2
Census Tract000102
Assessed Land Value$944,323
Assessed Improvement Value$443,063
Assessment Year2025

About this property

A rare third of an acre in the Balcones neighborhood, minutes from Tarrytown, Northwest Hills, downtown Austin, private schools, and premier shopping. This single-story home offers space that's increasingly hard to find this close in, on a quiet street zoned to Casis Elementary, O Henry Middle, and Austin High School. A brick front porch and porch swing set a warm tone from the curb, a fitting introduction to a home built in 1962 and thoughtfully updated ever since. Inside, one level lives easy. The open living and dining space is anchored by beamed ceilings, built-in bookcases, and a wood-burning fireplace, while a light-filled study adds flexibility as a second living area, playroom, or home office. The kitchen brings granite countertops, a newer Fisher & Paykel refrigerator and faucet, and freshly painted cabinetry. The entire interior has just been freshly painted throughout, offering a bright, move-in-ready home. Down the hall, four bedrooms form a private wing, led by the primary suite and its fully remodeled bathroom, complete with auto curtains. A front bedroom also features auto curtains. Recent updates include new carpet in the secondary bedrooms (2026), windows (2023), water heater (2022), and garage door and motor (2021). Outside, a stone patio opens to a sloped, tree-shaded backyard with room to spread out, whether that means hosting friends on a fall evening or setting aside a corner for a future playscape. Automatic sprinklers and a storage shed round out the space. The seller has looked into the possibility of enlarging the kitchen and adding a second story, offering a glimpse of what the home could become for a buyer with that vision. This is single-story living on a substantial lot, in one of Austin's most established and connected neighborhoods.

Investor Tools

Property Icon
$1,859,000
Estimated Property Value
$325,000Estimated Mortgage Balance
$1,576,241Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,154 /month
Positive
Cash Flow Estimate:
$3,718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,763/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,862
$1,387,386
2025
$944,323
$443,063
$1,387,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,862
$1,387,386

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$325,000
No
First
Dec 9, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,575
$1,399,425
83%
15%
$1,949/mo

Learn About the Market: Opportunity in Austin

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Explore

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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