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$488,475

4508 Merle DR 1, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$371.62 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone
FlooringSee Remarks

Exterior

Private PoolPrivate Pool
Lot Size6,303 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04081225020000
Subdivision4508 Merle Condominiums
Land UseCondo
Legal Description4508 MERLE CONDOMINIUMS UNT 1 PLUS 58 % INT IN COM AREA
Census Tract002002
Assessed Land Value$208,800
Assessed Improvement Value$279,675
Assessment Year2025

About this property

Darling 1950s 3 bedroom home with a great floorpan. Hardwood floors, butcher block countertops, apron sink, fenced front yard, and a detached carport. Backyard oasis with large oak trees and stream to relax by. Convenient to downtown, Zilker Park, and SoCo. Flat screen TV in living conveys with house. The fence behind the carport is the boundary line between this lot and the back lot.

Investor Tools

Property Icon
$488,475
Estimated Property Value
$0Estimated Mortgage Balance
$60,771Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,505
$488,475
2025
$208,800
$279,675
$488,475
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,505
$488,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$452,602
No
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$427,704
$60,771
12%
88%
$2,714/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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4508 Merle DR 1 | Property Details | No Agent List