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$622,000

NAL Estimated Property Value

3501 Vara Dr, Austin, TX, 78754

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.49 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size22,442 sqft

Building Information

Year Built1979
Stories2
Roof Type127
Garage Spaces2

Land Information

APN02313001260000
Lot Number5
SubdivisionWalnut Place Sec 6
Land UseResidential
Legal DescriptionLOT 5 WALNUT PLACE SEC 6
Census Tract043600
Assessed Land Value$106,133
Assessed Improvement Value$310,700
Assessment Year2025

About this property

Very rare listing in coveted location. Original design and architecture kept in tact with tastefully appointed renovations throughout. 3 spacious bedrooms and 3 1/2 baths, everything updated. Multiple living spaces and a large dedicated office space with wrap-around built-in desk space for several people. Professional-grade kitchen with top of the line appliances and abundant custom cabinetry. Deck and outdoor living space for days that over look a private, serene backyard. Minutes to the Domain, N Austin employers and hotspots.

Investor Tools

Property Icon
$622,000
Estimated Property Value
$649,797Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,770 /month
Positive
Cash Flow Estimate:
$1,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,619
$416,833
2025
$106,133
$310,700
$416,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,619
$416,833

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Conventional
$690,000
No
First
Feb 22, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$649,797
N/A
0%
104%
$4,137/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.

Explore Texas Explore This Area
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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3501 Vara Dr | Property Details | No Agent List