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$2,699,000

NAL Estimated Property Value

501 Cater Dr, Austin, TX, 78704

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,131 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size15,699 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APN01040406200000
Lot Number1
SubdivisionLong Cater Subd
Land UseResidential
Legal DescriptionLOT 1 LONG CATER SUBD
Census Tract001309
Assessed Land Value$722,106
Assessed Improvement Value$1,051,404
Assessment Year2025

About this property

Stunning downtown views from ground-level in Zilker. Rare and special .36 acre homesite within a stone’s throw of Downtown Austin. Perched just above Barton Springs Road, Cater Drive is a short walk to Zilker Park, the original Chuy’s restaurant, Lady Bird Lake, and miles and miles of hike and bike trails. Nice flat lot for building your dream home. Big downtown views from the ground-level. Price is for lot and full set of approved plans from Clayton & Little for a 3000+ sq ft main house with pool, ADU, screen porch, and oversized 612 sq ft garage.

Investor Tools

Property Icon
$2,699,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,699,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,194 /month
Positive
Cash Flow Estimate:
$5,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,584
$1,773,510
2025
$722,106
$1,051,404
$1,773,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,584
$1,773,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,658,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
N/A
+$2,850/mo
1.3%

City: Austin

501 Cater Dr | Property Details | No Agent List