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$550,000

NAL Estimated Property Value

5108 Rainbow Ridge Cir, Austin, TX, 78721

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,650 Sq Ft
price_per_sqft$227.27 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Free-Standing Range, Self Cleaning Oven
FlooringTile, Wood

Exterior

Lot Size6,700 sqft

Building Information

Year Built1970
Stories1
Roof Type112
Garage Spaces1

Land Information

APN02091915270000
Lot Number9
SubdivisionHarmony Heights Addn Amended
Land UseResidential
Legal DescriptionLOT 9 BLK B HARMONY HEIGHTS ADDN AMENDED
Census Tract002110
Assessed Land Value$233,058
Assessed Improvement Value$272,581
Assessment Year2025

About this property

SUPERBLY REMODELED & UPGRADED by Performance Builder! Open & Spacious floor plan w/ attchd Garage, Large Yard, Big Trees, on cul de sac lot. UPGRADES: Custom Cabinets (kitchen & bathrms), Granite counters, Stainless Appliances, Stylish plumbing & electrical fixtures, Tile & Hickory flooring in all bdrms, New Tub & walk-in shower in Master,Newer HVAC, Low-e Windows & New attic insulation, New Hardy siding & limestone fascia, Front landscaping w/ weed-block barrier.Restrictions: Yes

Investor Tools

Property Icon
$550,000
Estimated Property Value
$0Estimated Mortgage Balance
$550,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$505,639
2025
$233,058
$272,581
$505,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$505,639

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$557,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
N/A
+$2,088/mo
4.6%

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.

Explore Texas Explore This Area
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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5108 Rainbow Ridge Cir | Property Details | No Agent List