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$728,000

NAL Estimated Property Value

5408 Grover Ave, Austin, TX, 78756

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,755 Sq Ft
price_per_sqft$299.15 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size6,203 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APN02270508360000
Lot Number14A
SubdivisionNorth Loop Terrace Amd Plt Lts 14-16 Blk
Land UseResidential
Legal DescriptionLOT 14A NORTH LOOP TERRACE AMD PLT LTS 14-16 BLK 1
Census Tract000205
Assessed Land Value$358,134
Assessed Improvement Value$210,698
Assessment Year2025

About this property

Beautifully renovated home is a true gem with an ideal location close to shops, restaurants and schools. Large vaulted ceiling makes the living room cozy and comfortable and great for entertaining. Home also has an interesting history as a parsonage for the church that was located next door until 2008.... There is no doubt this is a special home! FYI - 4th bedroom is flex room/office.Restrictions: Yes

Investor Tools

Property Icon
$728,000
Estimated Property Value
$362,539Estimated Mortgage Balance
$366,189Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,078/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,299
$568,832
2025
$358,134
$210,698
$568,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,299
$568,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$405,600
No
First
Oct 1, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$362,539
$341,461
48%
50%
$2,432/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,480/mo
$2,432/mo
+$48/mo
4.1%

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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5408 Grover Ave | Property Details | No Agent List