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$550,000

403 W 55th St, Austin, TX, 78751

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$606.39 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesGas Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,547 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN02250907080000
Lot Number28
SubdivisionNorthfield Annex No 2
Land UseResidential
Legal DescriptionLOT 28 BLK 1 NORTHFIELD ANNEX NO 2
Census Tract001503
Assessed Land Value$410,920
Assessed Improvement Value$100,378
Assessment Year2025

About this property

A Central Austin bungalow with personality, flexibility, and room to make it your own. Tucked into one of Austin’s most beloved central neighborhoods, 403 W 55th offers something increasingly hard to find: a home with genuine character. This charming house is anything but cookie-cutter, with original hardwood floors and the kind of details that give an older Austin home its own story. Inside, the house has a versatile den that provides the perfect flex space for a home office, reading room, creative studio, or living area—whatever fits your life. Outside, the private backyard gives you room to spread out, whether that means morning coffee under the trees, dinner with friends, weekend gatherings, or dreaming up a future addition. There’s plenty of space and potential to create an outdoor living area that feels like your own private retreat. And then there’s the location! You're walking distance to everything North Loop! Just minutes from the coffee shops, restaurants, bars, and indie businesses that make Hyde Park and North Loop so distinctly Austin. Grab coffee at Epoch or Barrett's, dinner at Foreign & Domestic or Home Slice, a cocktail at DrinkWell, or spend an afternoon exploring the eclectic vintage shops and local spots all along North Loop. For buyers who want the charm of an Austin bungalow without sacrificing flexibility or proximity to the best of Central Austin, this one is worth a closer look. Original character, a flexible floor plan, a private backyard, and plenty of potential—all in a location that lets you live like a local!

Investor Tools

$489,463Estimated Mortgage Balance
$21,835Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Lisa Munoz

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,185
$511,298
2025
$410,920
$100,378
$511,298
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,185
$511,298

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$465,600
No
First
Aug 6, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$489,463
$21,835
4%
96%
$3,299/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$3,299/mo
$-1,559/mo
4.1%

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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