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$721,987

5107 Menchaca Rd Bldg 4, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,722 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.99 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,848 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces1

Land Information

APN04121111050000
Lot Number4
SubdivisionMenchaca Condominiums
Land UseResidential
Legal DescriptionUNT 4 MENCHACA CONDOMINIUMS PLUS 8.3333 % INT IN COM AREA
Census Tract030300
Assessed Land Value$136,938
Assessed Improvement Value$585,049
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! Grove Place is a boutique community of 12 homes that seamlessly blends modern living with natural beauty of Old South Austin. Nestled beneath the expansive canopies of Heritage Oak trees and enhanced by a landscape of native plants, Grove Place offers an established feel while providing the benefits of new construction. The Ladybird #4 sits adjacent to the private park and offers 3 bedrooms and 2.5 baths. It is one of only three left. This home features wide plank hardwood floors throughout and a functional, open-concept floor plan. The eat-in kitchen boasts quartz countertops, soft-close cabinetry, and views of the private backyard, dining room, and living room. The primary suite showcases vaulted ceilings, a spacious walk-in closet, and a luxurious bathroom with a dual vanity, ample storage, a walk-in shower, and a private water closet. The secondary bedrooms are thoughtfully located on the opposite side of the home for privacy, offering treetop views that create a tranquil, treehouse-like feel. Adding to Grove Place's charm is a fully fenced, shaded park located in the northeast corner of the community. This inviting space, under the canopy of oak trees, features picnic tables, benches, a walking path, and a turfed courtyard—perfect for enjoying quiet moments with neighbors, pets, or family. Built by Prominence Homes, a trusted Austin builder since 2008, all homes in Grove Place are backed by a 1-2-6 Homes of Texas builder warranty. Builder will provide buyer with blue tape walkthrough and new home orientation. Learn more at groveplaceatx.com.

Investor Tools

Property Icon
$721,987
Estimated Property Value
$455,603Estimated Mortgage Balance
$311,511Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$675,049
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,332 /month
Positive
Cash Flow Estimate:
$1,444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,280
$721,987
2025
$136,938
$585,049
$721,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,280
$721,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Building Or Construction Loan
$455,603
No
First
Mar 22, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,281
$310,706
43%
57%
$2,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,732/mo
$-532/mo
3.7%

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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 4 | Property Details | No Agent List