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$1,889,000

NAL Estimated Property Value

506 Leland St, Austin, TX, 78704

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$462.08 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,425 sqft

Building Information

Year Built2019
Stories3
Roof Type112
Garage Spaces2

Land Information

APN03020201180000
Lot Number8
SubdivisionBlue Bonnet Hills
Land UseResidential
Legal DescriptionLOT 8 BLK 3 BLUE BONNET HILLS
Census Tract001401
Assessed Land Value$603,195
Assessed Improvement Value$1,126,108
Assessment Year2025

About this property

Stunning three-story home in sought-after location just up from Stacy Park and Pool. Built by Urban ATX and designed by acclaimed Davey McEathron Architecture. High-end finishes throughout, Thermador appliances, custom walnut cabinetry, imported tile from Mexico and Morocco, top-of-the-line plumbing and lighting fixtures, tall ceilings and expansive windows bring in natural light. Gorgeous heated pool and inviting patio for entertaining. 1-car garage plus carport. See our other inventory in '04, attached.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,889,000
Estimated Property Value
$1,019,387Estimated Mortgage Balance
$874,055Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,334 /month
Positive
Cash Flow Estimate:
$3,778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,016/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,752
$1,729,303
2025
$603,195
$1,126,108
$1,729,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$38,752
$1,729,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Conventional
$1,156,000
No
First
Jul 14, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,019,387
$709,916
41%
54%
$5,191/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$5,191/mo
$-2,341/mo
1.8%

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.

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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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506 Leland St | Property Details | No Agent List