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$535,000

NAL Estimated Property Value

4605 Banister Ln, Austin, TX, 78745

$563,286 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,442 Sq Ft
price_per_sqft$398.75 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Free Standing Gas Range, Disposal, Gas Water Heater, Self Cleaning Oven, Vented Exhaust Fan
FlooringBamboo, Carpet Free, Laminate, Vinyl, Wood

Exterior

Exterior FeaturesExterior Steps, Rain Gutters
Lot Size8,168 sqft

Building Information

Year Built1952
Stories1
Roof Type112
Garage Spaces3

Land Information

APN0410090306
Lot Number3
SubdivisionForest Oaks
Land Use1 Family Dwelling
Legal DescriptionLOT 3 BLK J FOREST OAKS
Census Tract002002
Assessed Land Value$317,540
Assessed Improvement Value$145,169
Assessment Year2025

About this property

Located on a quaint stretch of Banister Lane, this 3 bedroom and 2.5 bath central south Austin home has a distinctive floor plan full of character, charm, and functionality. Because of thoughtful renovations over the years, it has unique features with attributes that create comfort and convenience. From the moment you enter the home, you are greeted with the warmth of wood floors and the seamless flow of the dining, kitchen, and living room space, perfect for modern living and entertaining. The kitchen was remodeled in 2023, to include sleek white cabinets, enhanced storage, and beautiful beechwood countertops that add warmth and style. The spacious primary suite is at one end of the home, and two other bedrooms are on the opposite side, creating the utmost privacy in the primary suite. The updated secondary bath is conveniently located near the two secondary bedrooms and a strategically placed half bath makes hosting guests easy and comfortable. The well-designed laundry space adds to the home's functionality. The house sits on a large lot, and the expansive yard is ideal for entertaining, gardening, or relaxing. The wrap-around porch offers plenty of space for outdoor gatherings. The enormous carport provides convenient parking, and Google Fiber ensures you stay connected with high-speed internet. In a prime location, this house is a short distance to St. David’s South Medical Facilities, just 1 mile from Central Market, and near downtown, just about 5 miles from the Capitol. The airport is only 8 miles away, with access to major thoroughfares like Ben White, Mopac, I35, and Congress Avenue, this location makes commuting and travel a breeze. The central south Austin community offers an inviting and vibrant ambiance. While living here, neighbors enjoy this quiet neighborhood, with tree-lined streets, perfect for leisurely walks and spending time outdoors. This home is a rare find in a sought-after location. Don’t miss your chance to make it yours!

Investor Tools

Property Icon
$535,000
Estimated Property Value
$419,037Estimated Mortgage Balance
$116,606Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$563,285
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$462,709
2025
$317,540
$145,169
$462,709
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$462,709

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$427,200
No
First
Mar 3, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,037
$111,963
21%
78%
$2,562/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.

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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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4605 Banister Ln | Property Details | No Agent List