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$350,000

4701 Harmon Ave, Austin, TX, 78751

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.34 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
AppliancesFree Standing Electric Range, Free Standing Range, Microwave, Range, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size6,808 sqft

Building Information

Year Built1950
Stories2
Roof Type105

Land Information

APN02201109070000
Lot Number7
SubdivisionRidgetop Fourth Addn
Land UseResidential
Legal DescriptionS58.08FT OF W117.245FT OF LOT 7 BLK V RIDGETOP FOURTH ADDN
Census Tract000304
Assessed Land Value$357,071
Assessed Improvement Value$111,166
Assessment Year2025

About this property

Rare Central Austin Investment Opportunity! Unlock the potential of this unique property in one of Austin’s most sought-after areas. Offered at one of the lowest price points in the area, this 1,600+ square foot property sits on a large lot and presents an incredible opportunity for investors, flippers, or buyers looking for multi-generational living potential. Previously configured as a quadplex with four 1-bedroom/1-bath units, the property offers a versatile layout with multiple possibilities for redevelopment, renovation, or income-producing use. The home needs TLC but provides a strong foundation for someone ready to bring their vision to life. Located in a highly desirable rental area with convenient access to Central Austin amenities, dining, shopping, and major thoroughfares.

Investor Tools

$56,623Estimated Mortgage Balance
$654,377Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,266 /month
Positive
Cash Flow Estimate:
$1,422 /month

Interested in this property?

Kyle Ledford

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,207/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,927
$468,237
2025
$357,071
$111,166
$468,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,927
$468,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Snowden Partners Ltd
Commercial
$129,950
No
First
Sep 2, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,623
$411,614
87%
8%
$780/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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4701 Harmon Ave | Property Details | No Agent List