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$780,669

5107 Menchaca Rd Bldg 5, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$378.32 / 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
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

APN04121111060000
Lot Number5
SubdivisionMenchaca Condominiums
Land UseResidential
Legal DescriptionUNT 5 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 LAST Home in Grove Place-- a quiet, boutique 12-home community! #5 is a special corner lot home that is surrounded by 3 mature Oak trees for ample views of greenery and treehouse vibes. This turnkey 3-bedroom, 2.5-bath home featuring wide plank white oak floors throughout, soaring ceilings, and an abundance of low-E windows that bathe the space in natural light. The eat-in kitchen boasts quartz countertops, white shaker-style soft-close cabinetry, and overlooks the private backyard, dining room, and living room. Window treatments + refrigerator INCLUDED! The living room, primary suite, and one of the secondary bedrooms showcase soaring cathedral ceilings, creating an airy, treehouse-like ambiance. With its open-concept floor plan, abundant natural light, and a private backyard, and oversized 2-car garage wired for EV charging, this home seamlessly combines comfort, quality, and practicality in a way that feels intentional and timeless. Adding to the charm of Grove Place is a fully fenced park located in the northeast corner. Entirely shaded by oak trees, the park offers picnic tables, benches, a walking path, and a turfed courtyard—an inviting quiet space perfect for enjoying time with neighbors, pets, or family. Built by Prominence Homes, a trusted Austin builder since 2008, all homes are backed by a 1-2-6 Homes of Texas builder warranty. Contact the listing agent for more info. Preferred lender incentive = 1 Discount Point off rate + $2,500 Credit + Owner's Title Policy is paid by Seller. https://www.groveplaceatx.com/ ONLY 1 HOME LEFT!

Investor Tools

Property Icon
$780,669
Estimated Property Value
$476,651Estimated Mortgage Balance
$351,229Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Building Or Construction Loan
$476,651
No
First
Mar 22, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,440
$351,229
44%
55%
$2,858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$3,133/mo
$-933/mo
3.4%

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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