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$258,000

NAL Estimated Property Value

3627 Menchaca RD 205, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths591 Sq Ft
price_per_sqft$549.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Free Standing Electric Oven, Free Standing Electric Range, Disposal, Range Hood
FlooringLaminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Exterior Steps, Rain Gutters
Lot Size1,093 sqft

Building Information

Year Built1983
Stories1

Land Information

APN04040910390000
Lot Number205
SubdivisionAustin Rivertree Condominiums
Land UseResidential
Legal DescriptionUNT 205 BLD E AUSTIN RIVERTREE CONDOMINIUMS PLUS 1.8 % INT IN COM AREA
Census Tract002007
Assessed Land Value$65,520
Assessed Improvement Value$149,019
Assessment Year2025

About this property

OFFER DEADLINE is 2:00pm, MONDAY, MAY 16th!!! Welcome Home! To one of the best values in the hottest zip code in one of the hottest real estates markets in the world. Less than 5 mins to the central business district and all of the action of Lady Bird Lake, you'll find this charming home perched atop a canopy of Live Oaks and Elms, like your own private tree house. Meticulously maintained by the original owner since the condos were remodeled and individually sold in 2007; this home almost feels like new. 1 bedroom with rare huge outdoor patio and private stairwell access, situated in the most secluded location of the community with only one other unit below. No shared side x side walls! Also rare to have washer and dryer inside your unit in these homes. Vaulted ceilings in the living room with 10' ridge, granite counter tops, wood burning fireplace, large bedroom and walk in closet. Also, hatch access into the attic headspace for additional storage. Whole community siding replaced in 2019. This condo lives so much larger in real life and just minutes from downtown and all that SOLA has to offer.

Investor Tools

Property Icon
$258,000
Estimated Property Value
$326,956Estimated 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
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,901
$214,539
2025
$65,520
$149,019
$214,539
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,901
$214,539

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$351,500
No
First
Jul 5, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,956
N/A
0%
127%
$2,108/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,366/mo
$-726/mo
7.6%

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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3627 Menchaca RD 205 | Property Details | No Agent List