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$868,004

5107 Manchaca RD 8, Austin, TX, 78745

Off MarketInfo
Beds7 Beds
Baths4 Bath
Baths2,129 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$410.52 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Oven, Refrigerator, Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size6,848 sqft

Building Information

Year Built2022
Stories2
Roof Type312
Garage Spaces2

Land Information

APN0412111109
Lot Number8
SubdivisionMenchaca Condominiums
Land UseCondo
Legal DescriptionUNT 8 MENCHACA CONDOMINIUMS PLUS 8.3333 % INT IN COM AREA
Census Tract030300
Assessed Land Value$136,938
Assessed Improvement Value$731,066
Assessment Year2025

About this property

Introducing one of only two exclusive 4-bedroom residences at Grove Place: The Travis. Thoughtfully designed for both style and functionality, this sleek home offers rare features for its location and price point, including a downstairs primary suite with a spacious walk-in closet, vaulted ceilings, an oversized 2-car garage with soaring ceilings, three upstairs bedrooms (one with an ensuite bathroom), and a private fenced backyard with a covered patio. Nestled in the heart of Old South Austin, Grove Place is a boutique community of just 12 homes that seamlessly blends modern living with timeless charm. Surrounded by the natural beauty of Heritage Oak trees and enhanced with native landscaping, Grove Place offers a serene, established atmosphere alongside the perks of new construction—a rare and special combination. Adding to its appeal is a fully fenced community park in the northeast corner, shaded by majestic oak trees and featuring picnic tables, benches, a walking path, and a turfed courtyard—perfect for spending time with neighbors, pets, or family. Built by Prominence Homes, a trusted Austin builder since 2008, each home comes with the 1-2-6 Homes of Texas builder warranty for peace of mind. Contact the listing agent for details on this home and others available in the community, and see preferred lenders for exclusive incentives. Experience the magic of Grove Place today!

Investor Tools

Property Icon
$868,004
Estimated Property Value
$0Estimated Mortgage Balance
$207,898Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,244 /month
Positive
Cash Flow Estimate:
$1,748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$868,004
2025
$136,938
$731,066
$868,004
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$868,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Adelo Mortgage Inc
Conventional
$674,000
No
First
Mar 10, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$660,106
$207,898
23%
76%
$4,041/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$4,316/mo
$-1,776/mo
3.5%

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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5107 Manchaca RD 8 | Property Details | No Agent List