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$299,990

5408 King Henry Dr, Austin, TX, 78724

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,201 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.78 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.25Bathrooms Full 2.25
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Gas Range
FlooringCarpet Free, Tile

Exterior

Exterior FeaturesNone
Lot Size6,281 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02152806460000
Lot Number13
SubdivisionCavalier Park Sec 3
Land UseResidential
Legal DescriptionLOT 13 BLK H CAVALIER PARK SEC 3
Census Tract002214
Assessed Land Value$100,000
Assessed Improvement Value$231,205
Assessment Year2025

About this property

Welcome to **5408 King Henry Dr**, a 3-bedroom, 2-bath home offering **1,201 sq. ft. of living space and a true 2-car garage** in an established East Austin neighborhood. The home has received several updates while still offering an opportunity for the next owner to add their own style and finishing touches. The functional single-story layout provides comfortable living spaces, while the two-car garage offers valuable parking, storage, or workspace—a feature not commonly found among nearby homes where garages have been converted. Conveniently located with easy access to US-183, downtown Austin, major employers, dining, shopping, and entertainment. Whether you're looking for a place to call home or a property with future improvement potential, this one offers a great combination of space, functionality, and location at an approachable price point.

Investor Tools

$0Estimated Mortgage Balance
$347,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,082 /month
Positive
Cash Flow Estimate:
$694 /month

Interested in this property?

Kenneth Lopez

SMART LINK REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$260
$331,205
2025
$100,000
$231,205
$331,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$260
$331,205

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$331,205
100%
0%
$0/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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