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$1,516,945

NAL Estimated Property Value

3605 Menchaca Rd, Austin, TX, 78704

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths3 Bath
Baths2,422 Sq Ft
price_per_sqft$701.9 / sqft
Year BuiltBuilt in 1952

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
FlooringTile, Wood

Exterior

Lot Size30,331 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04040904270000
Lot Number1
SubdivisionSlider Courtney A
Land UseCommercial
Legal DescriptionLOT 1 SLIDER COURTNEY A
Census Tract002007
Assessed Land Value$1,364,940
Assessed Improvement Value$152,005
Assessment Year2025

About this property

List price under appraised value!! Motivated seller offering 12mo payment-free financing for up to 50% of purchase price - terms apply. A rare find located in the heart of Austin in the highly desired “04.” This unique property is an investors dream - zoned LO MF-2 with upzoning potential, residential or commercial, making tons of possibilities for the usage of the property. The property includes two freestanding structures (combined 1,188 SF & 1,234 SF) and in-ground pool and are income producing -- use them as your residence, as rentals, as boutique offices, or so much more. This large lot is a lucrative redevelopment opportunity with ample walkable & bikeable destinations nearby nestled between several major thoroughfares (South Lamar, MoPac, 360, SH-71, I-35, etc.). Close to South Lamar which has an array of delicious restaurants, Tom Lasseter Park, Amy’s Ice Cream, Crepe Crazy, & Lavaca St Bar & Radio Coffee to name a few - the possibilities are endless. Centrally located making an easy commute to all that Austin has to offer. Easy access to MoPac, 360, SH-71, and I-35. Only minutes away from S Lamar, S 1st, S Congress, and Oltorf. It’s the optimal time to lock in your investment in the heart of Austin!

Investor Tools

Property Icon
$1,516,945
Estimated Property Value
$1,280,734Estimated Mortgage Balance
$1,516,945Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,478/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,516,945
2025
$1,364,940
$152,005
$1,516,945
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,516,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Stand Alone First / Home Equity First Lien
$1,320,000
No
First
Aug 9, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,280,734
$236,211
15%
84%
$7,915/mo

City: Austin

3605 Menchaca Rd | Property Details | No Agent List