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$514,000

5011 Majestic Dr, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,317 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.27 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
FlooringLaminate, Slate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,449 sqft

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN04121203020000
Lot Number2
SubdivisionPark Forest Sec 7
Land UseResidential
Legal DescriptionLOT 2 BLK P PARK FOREST SEC 7
Census Tract002002
Assessed Land Value$306,737
Assessed Improvement Value$122,450
Assessment Year2025

About this property

Park Forest charmer in hot 78745! Recent kitchen update with granite counters, under cabinet lighting, and stainless appliances. Open living / dining area. Pergo type wood and slate flooring. Separate 3rd bedroom with private bath and exterior door - perfect for guests. Big backyard with concrete patio and shade trees. Quiet street.Restrictions: Unknown

Investor Tools

Property Icon
$514,000
Estimated Property Value
$344,500Estimated Mortgage Balance
$75,490Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,218
$429,187
2025
$306,737
$122,450
$429,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,218
$429,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$344,500
No
First
Mar 6, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$438,510
$85,490
16%
85%
$2,870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,870/mo
$-670/mo
5.1%

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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