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$341,861

5005 Parell Path, Austin, TX, 78744

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,257 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.64 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,625 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN03220111160000
Lot Number6
SubdivisionSouth Highlands Amended
Land UseResidential
Legal DescriptionLOT 6 BLK C SOUTH HIGHLANDS AMENDED
Census Tract002413
Assessed Land Value$127,401
Assessed Improvement Value$214,460
Assessment Year2025

About this property

Multiple Offers! Exceptional 3 Bed/2 bath home nestled in S Highlands/Dove Springs. This home has been completely remodeled from top to bottom including foundation checked w/engineers report available. Other features include huge laundry/mud room, new energy eff windows, new roof, energy eff appls & light fixtures, Moroccan Mosaic & Villa Lagoon Tulip Tile. Located w/in 6 mi of downtown & 5 mi of Oracle/Riverside in an area of rapid gentrification. No HOA! $3,000 available bcc credit w/full price offerFEMA - Unknown

Investor Tools

Property Icon
$341,861
Estimated Property Value
$489,250Estimated Mortgage Balance
$0Estimated Equity
-43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,051 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,795
$341,861
2025
$127,401
$214,460
$341,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,795
$341,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$489,250
No
First
Mar 30, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$451,796
N/A
0%
132%
$2,934/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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5005 Parell Path | Property Details | No Agent List