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$775,181

NAL Estimated Property Value

4516 Merle DR 1, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,098 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$426.6 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size4,918 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04081211020000
Lot Number1
Subdivision4516 Merle Condominiums
Land UseResidential
Legal DescriptionUNT 1 4516 MERLE CONDOMINIUMS PLUS 45.0 % INT IN COM AREA
Census Tract002002
Assessed Land Value$162,000
Assessed Improvement Value$613,181
Assessment Year2025

About this property

If you're looking for that established neighborhood just outside the hustle and bustle of Central Austin, yet minutes to the action, this Stunning Showcase South Home is for you. Thoughtfully designed open floor plan, natural light, high ceilings, and Entertainer's kitchen. Beautiful master bedroom and bathroom suite on the main floor. Polished concrete and wood floors, Large mud/laundry room, Inviting front porch. Low-maintenance, fenced yard. Around the corner from Central Market, Radio Coffee & Beer, So. Congress and St Elmo District. Not to mention close proximity to the Airport and Downtown Austin.

Investor Tools

Property Icon
$775,181
Estimated Property Value
$669,848Estimated Mortgage Balance
$105,333Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,370 /month
Positive
Cash Flow Estimate:
$1,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,560
$775,181
2025
$162,000
$613,181
$775,181
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,560
$775,181

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$750,000
No
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$669,848
$105,333
13%
86%
$3,062/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$3,092/mo
$-892/mo
3.4%

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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4516 Merle DR 1 | Property Details | No Agent List