
$515,304
NAL Estimated Property Value4907 Merritt DR, Austin, TX, 78744
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About this property
5 minutes from downtown. Always rented with long list of tenants waiting to move-in. Units capable of being re-leased for around $700/mo or more with fix-up. Roof replaced summer of 2013, with 5 year warranty. Extensive siding replacement, repair and full exterior paint in summer of 2013. Property is sold as is where is with no repairs; please ensure buyers are made aware of this before bringing offer.FEMA - Unknown
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Learn About the Market: Opportunity in Austin




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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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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