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Days504Days on Market
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$235,000

5001 Weletka Dr, Austin, TX, 78734

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesNone
Lot Size22,207 sqft

Land Information

APN01585808110000
Lot Number24
SubdivisionMccormick Mountain Subd Phs 3
Land UseResidential
Legal DescriptionLOT 24 BLK A MCCORMICK MOUNTAIN SUBD PHS 3
Census Tract031400
Assessed Land Value$342,191
Assessment Year2025

About this property

Over one-half acre lot to build your dream home with views of Lake Travis. Great Location: McCormick Subdivision, Lake Travis School District, You may choose your own Builder. Property has gentle topography to provide amazing views. Light restrictions. Off of RR 620. Million dollar houses on the same street! Seller had gone through the process of getting building plans approved (However the owner can start over with any plans the approval process). Plans have been uploaded and can be given to the buyers at closing. Electricity Available, Underground Utilities, Water Connected.

Investor Tools

Property Icon
$272,160
Estimated Property Value
$151,200Estimated Mortgage Balance
$135,138Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,633 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Tammy Burnes-Manning

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,762
$272,160
2025
$342,191
N/A
$342,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,762
$272,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Purchase Money Mortgage
$151,200
No
First
Jun 3, 2021
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,550
$177,450
56%
51%
$907/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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5001 Weletka Dr | Property Details | No Agent List