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$1,256,000

5405 Odessa Ln, Austin, TX, 78731

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.07 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock
Lot Size10,881 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01310904060000
Lot Number8
SubdivisionMount Bonnell Shores Sec 2
Land UseResidential
Legal DescriptionLOT 8 BLK B MOUNT BONNELL SHORES SEC 2
Census Tract030700
Assessed Land Value$709,248
Assessed Improvement Value$527,945
Assessment Year2025

About this property

Updated/Remodeled one-story home with 4 bedrooms and 3 baths in desirable Mount Bonnell Shores, near RR222 and Mt. Bonnell Rod. Wood floors, updated kitchen with quartz countertops, updated baths. Large rooms, great back yard with covered patio and a deck. Incredible homeowner park on Lake Austin with swim dock, playscape, picnic tables. Quiet neighborhood with no "cut-through traffic. Fun and active HOA with parties and parades.Easy access to downtown and Loop 360.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,256,000
Estimated Property Value
$726,400Estimated Mortgage Balance
$518,299Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,536 /month
Positive
Cash Flow Estimate:
$2,512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,636/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,354
$1,237,193
2025
$709,248
$527,945
$1,237,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,354
$1,237,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cu Members Mortgage
Conventional
$726,400
No
First
Aug 7, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$737,701
$499,492
40%
59%
$4,956/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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5405 Odessa Ln | Property Details | No Agent List