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$539,555

4707 Reyes ST 2, Austin, TX, 78721

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$486.96 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Exterior Steps, Private Entrance, Private Yard, Rain Gutters
Lot Size8,329 sqft

Building Information

Year Built2023
Roof Type112
Garage Spaces1

Land Information

APN02081801210000
Lot Number10&11
SubdivisionChernosky No 7
Land UseResidential
Legal DescriptionN 89.2' OF LOT 10&11 BLK 1 CHERNOSKY NO 7
Census Tract002110
Assessed Land Value$246,906
Assessed Improvement Value$326,314
Assessment Year2025

About this property

Newer construction. A yard of its own. No HOA dues. And a downtown view that changes completely when the sun goes down. Downtown views are the defining feature of this East Austin home, with a hilltop position that captures the skyline from the main living spaces, balcony, and oversized windows from sunset through the city lights at night. Designed by Pavonetti Architecture with interiors by BB Design, the 2025 freestanding home pairs strong architecture with a warm, Scandinavian-influenced interior and a floor plan designed around the view. The inverted layout places two bedrooms and two baths on the entry level, while the upper floor opens to the kitchen, dining, and living spaces beneath vaulted ceilings. Picture and casement windows bring in natural light and keep downtown in sight throughout the room. Wide-plank oak floors, limewash walls, and designer tile bring texture to the interiors without competing with the architecture. The kitchen is a standout, with full-height wood cabinetry, open shelving, quartz surfaces, a large island with seating, and a five-burner gas range. A built-in banquette defines the dining area, and the living room opens to a glass balcony overlooking the city. Its street-facing elevation creates separation from the road while preserving usable yard space, an unusual combination this close to downtown. A standing-seam metal roof, motorized shades, energy-efficient systems, one-car garage, detached construction, and no HOA dues add to the appeal for both full-time ownership and STR consideration. Springdale General, Palomino Coffee, Front Page Pub, and Givens District Park and its public pool are nearby, along with access to Boggy Creek and Little Walnut Creek trails. Downtown Austin, The University of Texas, Oracle, Tesla, and East Austin’s growing employment corridor are all within easy reach.

Investor Tools

$1,379,774Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,439 /month
Positive
Cash Flow Estimate:
$1,146 /month

Interested in this property?

Robin Banister

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,459
$573,220
2025
$246,906
$326,314
$573,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,459
$573,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$1,075,381
No
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,379,774
N/A
0%
241%
$8,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$8,487/mo
$-6,399/mo
4.4%

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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4707 Reyes ST 2 | Property Details | No Agent List