Last 24 Hours
$1,283,000
NAL Estimated Property Value4608 Madrona Dr, Austin, TX, 78731
Off Market
3 Beds
2 Bath
1,597 Sq Ft
$500.94 / sqft
Built in 1955Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating
CoolingAppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Oven, Free-Standing Range
FlooringTile, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size15,791 sqft
Building Information
Year Built1955
Stories2
Roof Type105
Garage Spaces2
Land Information
APN01280404070000
Lot Number7
SubdivisionBalcones Park Addn Sec 5
Land UseResidential
Legal DescriptionLOT 7 BLK L BALCONES PARK ADDN SEC 5
Census Tract000102
Assessed Land Value$972,703
Assessed Improvement Value$655,983
Assessment Year2025
About this property
This wonderful property is situated on an oversized lot in the sought after Highland Park West neighborhood. The higher elevation takes advantage of southeast views from the downtown skyline, to the UT tower. The backyard is a private, tree filled sanctuary with no immediate neighbor behind the house. The well maintained mid- century home has an open floor plan, new windows, refinished hardwoods, & a bright kitchen that overlooks the large back deck and yard. A great street & Highland Park Elementary. Sprinkler Sys:Yes
Investor Tools
$1,283,000
Estimated Property Value
$492,002Estimated Mortgage Balance
$790,998Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,698 /month
Positive
Cash Flow Estimate:
$2,566 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,176/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,696
$1,265,396
2025
$972,703
$655,983
$1,628,686
No
Tax History
Year
Tax Paid
Assessed Value
2024
$19,696
$1,265,396
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Conventional
$548,250
No
First
Jan 3, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,002
$798,998
61%
38%
$3,288/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,110/mo
$3,288/mo
$-1,178/mo
2.0%
12.4%