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$677,000

5107 Menchaca Rd Bldg 11, Austin, TX, 78745

$727,845 ARVInfo
Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$377.84 / 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
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, Gas Range, Microwave, Range, Refrigerator
FlooringTile, Wood

Exterior

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

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces2

Land Information

APN04121111120000
Lot Number11
SubdivisionMenchaca Condominiums
Land UseResidential
Legal DescriptionUNT 11 MENCHACA CONDOMINIUMS PLUS 8.3333 % INT IN COM AREA
Census Tract030300
Assessed Land Value$136,938
Assessed Improvement Value$450,613
Assessment Year2025

About this property

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. Only 6 homes left! Boasting a private, oversized backyard with several Heritage Oak trees, #11 is one of the best homes in this boutique community. 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, a spacious open concept design, an eat-in kitchen with quartz countertops, shaker-style soft-close cabinetry, 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.

Investor Tools

Property Icon
$677,000
Estimated Property Value
$654,550Estimated Mortgage Balance
$27,196Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$727,844
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,492
$587,551
2025
$136,938
$450,613
$587,551
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,492
$587,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Adelo Mortgage Inc
Conventional
$654,550
No
First
Dec 31, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$650,759
$22,241
3%
96%
$3,925/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$4,200/mo
$-2,000/mo
3.9%

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 Menchaca Rd Bldg 11 | Property Details | No Agent List