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$780,669

5107 Menchaca Rd Bldg 1, Austin, TX, 78745

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$386.49 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,848 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces2

Land Information

APN04121111020000
Lot Number1
SubdivisionMenchaca Condominiums
Land UseResidential
Legal DescriptionUNT 1 MENCHACA CONDOMINIUMS PLUS 8.3333 % INT IN COM AREA
Census Tract030300
Assessed Land Value$136,938
Assessed Improvement Value$643,731
Assessment Year2025

About this property

The turn key home you've been looking for! Bathed in natural light thanks to an abundance of low-e windows and soaring ceilings, this stunning 3-bedroom, 2.5-bath home isn't one to miss. It features wide plank white oak floors throughout, a spacious open concept design, an eat-in kitchen with quartz countertops, shaker-style soft-close cabinetry, 2-car garage + extended driveway, and plenty of greenery views. The living room, primary suite, and one secondary bedroom showcase soaring cathedral ceilings, creating an airy, treehouse-like ambiance. With its open floor plan, abundant light, and expansive backyard, this home blends comfort, quality, and practicality in a timeless way. Grove Place offers a serene, established feel with all the benefits of new construction—a rare combination. Built by Prominence Homes, a trusted Austin builder since 2008, all homes are backed by a 1-2-6 Homes of Texas builder warranty. Only a few homes left! Preferred Lender incentives available - $2,500 towards closing, 1 lender-paid discount point for competitive interest rates & Title Policy paid by Seller if preferred lender is used.

Investor Tools

Property Icon
$780,669
Estimated Property Value
$634,500Estimated Mortgage Balance
$148,215Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$726,244
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,684 /month
Positive
Cash Flow Estimate:
$1,561 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,492
$780,669
2025
$136,938
$643,731
$780,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,492
$780,669

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$780,669
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$275/mo
+$1,925/mo
3.4%

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.

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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 Menchaca Rd Bldg 1 | Property Details | No Agent List