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$333,000

408 Hammack DR 1, Austin, TX, 78752

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$488.07 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Oven, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size2,448 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APN02290813020000
Subdivision408 Hammack Drive Condominiums
Land UseResidential
Legal Description408 HAMMACK DRIVE CONDOMINIUMS UNT 1 PLUS 39 % INT IN COM AREA
Census Tract001503
Assessed Land Value$117,000
Assessed Improvement Value$177,854
Assessment Year2025

About this property

Only house under 470k in West Central Austin. Cute updated home. New wood flooring, cabinets, appliances, tile, lighting, tankless water heater. Great location in a small area between the Crestview/Brentwood and North Loop neighborhoods. Close to local restaurants and coffee shops such as Black Star Co-op, Stiles, Brentwood Social House, Bennu Coffee, and Dia’s Market. According to Bank of America this home qualifies for 17,500 in grants toward closing costs and downpayment assistance because of its census tract and price. Restricted to households making less than $150,323 annually.

Investor Tools

Property Icon
$333,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,166Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,793
$294,854
2025
$117,000
$177,854
$294,854
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,793
$294,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$354,400
No
First
Sep 20, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,834
$2,166
0%
99%
$2,125/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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408 Hammack DR 1 | Property Details | No Agent List