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$1,175,000

5114 Caswell Ave, Austin, TX, 78751

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,296 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$356.49 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesDisposal, Dryer, Gas Range, Free-Standing Gas Range, Refrigerator, Free-Standing Refrigerator, Vented Exhaust Fan, Washer/Dryer, Washer/Dryer Stacked
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Lighting
Lot Size6,717 sqft

Building Information

Year Built1955
Stories2
Roof Type105

Land Information

APN02221107050000
Lot Number17-18
SubdivisionHighlands The
Land UseResidential
Legal DescriptionLOT 17-18 BLK 11 HIGHLANDS THE
Census Tract000304
Assessed Land Value$414,370
Assessed Improvement Value$195,730
Assessment Year2025

About this property

Truly exceptional live-work-create property in the heart of Austin, Texas. A seamless blend of a mid-century ranch-style home, a world-class recording studio, and private studio apartment. All this is achieved under a single standing seam metal roof -- complete with private entrances & facilities. Absolutely a must-see, with over 3300 sqft of craftsmanship and good vibes from the inside out. From your paved off-street parking pad, step through flowering, aromatic Mexican plum trees to access this true unicorn of a property. The gated front yard with multiple gathering spaces set under canopies of majestic Magnolia trees welcome you to this 2 bed, 1 bath pier & beam home constructed in 1955. Gleaming hardwood floors set the stage in the wide, open living area. Playful checkered tile floors and custom tiled bar top pair well with modern gas appliances in this expanded kitchen with ample counter space. Original baby blue vintage tile bath, extra large storage closet and two comfortably sized bedrooms complete this charming main house. Just through the kitchen, discover a well-appointed recording studio that has seen countless artists from Austin & around the world. Repeatedly voted among the Top 3 Best Recording Studios in Austin Chronicle's Music Awards year after year. Not musically inclined? Simply reimagine these inspiring spaces as an art studio/gallery, meditation room, cocktail lounge, media, or reading room. Beyond the next keyed door, access the private 2nd-floor studio apartment. Soaring ceilings and natural light make this 500 sqft. space feel so inviting - complete with kitchenette, washer & dryer connects, plenty of storage, and full black-and-white tile bathroom. Centrally located in eclectic & historic North Loop: by foot or car, quick access to everything from local dives, classic University faves, top Austin restaurants, Downtown, Mueller, I-35. Bike to UT <15 min *See Notable Features, Walkable Bars & Eateries & 3D tour.

Investor Tools

Property Icon
$1,223,000
Estimated Property Value
$440,000Estimated Mortgage Balance
$688,044Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,338 /month
Positive
Cash Flow Estimate:
$2,446 /month

Interested in this property?

Kevin Bell

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,520/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,125
$610,100
2025
$414,370
$195,730
$610,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,125
$610,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James Mccann Etal
Unknown
$440,000
No
First
Apr 14, 2010
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$537,366
$685,634
56%
44%
$5,278/mo

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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5114 Caswell Ave | Property Details | No Agent List