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$1,233,000

NAL Estimated Property Value

409 Summer Alcove Way, Austin, TX, 78732

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,326 Sq Ft
price_per_sqft$288.95 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, Gas Cooktop, Ice Maker, Microwave, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesGarden
Lot Size11,761 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01315304060000
Lot Number7
SubdivisionRiver Dance Phs 7-A
Land UseResidential
Legal DescriptionLOT 7 BLK H RIVER DANCE PHS 7-A
Census Tract035100
Assessed Land Value$375,200
Assessed Improvement Value$765,623
Assessment Year2025

About this property

Welcome to this home situated in the serene hill country community of Steiner Ranch, embodying a seamless blend of luxury and comfort. Crafted by Taylor Morrison, this residence features the Barcelona Plan, offering 5 bedrooms, a designated office, sunroom and 5.5 bathrooms thoughtfully arranged for functionality and elegance. As you step inside, a grand dining room with soaring ceilings sets the stage for memorable gatherings, while a private office and half bath offer a tranquil space for work or study. The chef's kitchen is a culinary haven, with an oversized island, 2 walk-in pantries, stainless steel appliances, ample cabinet space, and a built-in coffee bar, perfect for creating cherished memories with loved ones. 2 dining areas and a spacious living room with a fireplace and floor-to-ceiling windows provide natural sunlight. The main floor enjoys neutral tones, elegant architectural features, wood flooring down, tile in wet areas, carpet upstairs. The primary suite, along with an additional bedroom, bathroom, and sunroom are conveniently situated on the main floor, providing comfort and convenience. An elegant foyer with 2 separate staircases leads to 3 bedrooms with en-suite bathrooms offering privacy, office cove and multipurpose living area provides additional space for leisure. Outside, the allure continues with a huge Royal Empress tree, persimmon, fig, apple and pomegranate trees. The patio includes an outdoor kitchen with stainless steel grill, sink and mini-fridge, offering the perfect setting for outdoor entertaining and relaxation. Home is west facing affording beautiful sunset views from the front porch, situated on a cul-de-sac street, providing peace and privacy, while still being close to amenities such as parks and trails. Don't miss the opportunity to make this remarkable property your new home. Schedule a showing today and experience luxury living at its finest. Remember to please remove shoes or utilize shoe coverings.

Investor Tools

Property Icon
$1,233,000
Estimated Property Value
$914,465Estimated Mortgage Balance
$321,457Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,082/month
$1,056/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,819
$1,140,823
2025
$375,200
$765,623
$1,140,823
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,819
$1,140,823

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$944,000
No
First
Jun 7, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$914,465
$356,535
28%
74%
$5,660/mo

Learn About the Market: Opportunity in Austin

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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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