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$490,886

NAL Estimated Property Value

406 Shant St, Austin, TX, 78751

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$373.44 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
HeatingHeating
CoolingCooling
AppliancesDisposal, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,913 sqft

Building Information

Year Built1950
Stories2
Roof Type105

Land Information

APN02250902040000
Lot Number9
SubdivisionNorthfield Annex No 2
Land UseResidential
Legal DescriptionLOT 9 BLK 3 NORTHFIELD ANNEX NO 2
Census Tract002437
Assessed Land Value$334,613
Assessed Improvement Value$156,273
Assessment Year2025

About this property

**15K Buyer Incentive** SOLD AS IS** If you want a home that puts you in the middle of everything, you’re in the right place! This updated two-story in North Loop has 3 bedrooms, 2.5 baths, and a layout that just makes sense. The kitchen is made for more than just cooking, it’s a gathering place with plenty of granite countertop space to spread out and a tile backsplash that adds just the right amount of character. At the back of the home, a sprawling living space waits, perfect for stretching out, hosting friends, or just letting the day slow down in your own comfortable space. On the main floor you’ll also find 2 bedrooms and 1.5 baths, perfect for guests or a home office. Upstairs? Your own private escape, the primary suite with a full bath, tucked away like a secret retreat. Several updates have been made, from the updated roof (mid-2024), fresh interior and exterior paint, a fully remodeled upstairs bathroom with an updated tub and subfloor, updated carpet in the stairway and primary suite, along with an updated washer, dryer, refrigerator, and gas stove to make daily living effortless. Step outside, and you’ve got a cedar and pine deck with built-in outlets and outdoor-rated fans for morning coffee or evening unwinding, plus a newly installed gravel firepit ready for crisp evenings under the stars. With plenty of room to spare, the backyard offers the perfect opportunity to add an ADU or second unit, whether you’re thinking guest house, rental income, or the ultimate creative studio. But let’s be real: You’re not just buying a house, you’re buying a lifestyle. And the location? Unbeatable. You’re right in the mix, just minutes from downtown, The University of Texas, and some of the best local shops and restaurants. Craving tacos at midnight? Need a last-minute gift? Want to be at a concert without planning your whole night around parking? Done! It’s all right here. Come see it for yourself!

Investor Tools

Property Icon
$490,886
Estimated Property Value
$406,345Estimated Mortgage Balance
$85,940Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$981/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,321
$490,886
2025
$334,613
$156,273
$490,886
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,321
$490,886

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frederick Kolouch
Seller Carryback / Seller Financing / Seller Take-Back
$430,000
No
First
Mar 3, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,345
$337,655
45%
83%
$2,579/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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406 Shant St | Property Details | No Agent List