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$345,000

5417 Kara Dr, Austin, TX, 78744

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths1,883 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.22 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Range, Free-Standing Range, Stainless Steel Appliance(s)
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,294 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces1

Land Information

APN03281802220000
Lot Number22
SubdivisionAddison Sec 1 Subd
Land UseResidential
Legal DescriptionLOT 22 BLK D ADDISON SEC 1 SUBD
Census Tract002432
Assessed Land Value$65,661
Assessed Improvement Value$356,776
Assessment Year2025

About this property

Buyers ask about the special incentive offered when using the seller’s preferred lender. This beautifully maintained and thoughtfully upgraded home in Austin offering space, style, and functionality. This southwest facing property features striking curb appeal with a blend of stone, brick, stucco, and Hardie board exterior, complemented by a large mature tree and covered front porch. Recent exterior updates include freshly painted rear siding and garage door. A spacious three car garage with two doors and an automatic opener provides ample parking and storage, while the sprinkler system keeps the yard looking its best year round. Inside, you will notice fresh interior paint and brand new luxury vinyl plank flooring throughout, part of over $20,000 in upgrades. The formal dining room shines with a new chandelier, while the nearby half bath includes a new vanity, mirror, and toilet. The kitchen is designed for everyday living and entertaining with a large island, granite countertops, stainless steel appliances, gas range, recessed lighting, pantry, and adjacent laundry room with extra storage. The living room offers a cozy stone gas fireplace, ceiling fan, and built in wired speakers. The primary suite features a bump out for added space, LVP flooring, and ceiling fan. The ensuite bath includes tile floors, walk in shower with upgraded showerheads, soaking tub, dual sinks, quartz counters, and an oversized layout. Upstairs offers LVP flooring, wrought iron railing, a spacious game room, and two bedrooms with ceiling fans, one with a walk in closet. The full bath includes tile flooring, tub and shower combo, and dual sinks with quartz. Enjoy a covered patio and wrought iron fence in the backyard. The community features two pools, playground, fitness center, clubhouse, and trails. Conveniently located near Southpark Meadows, SoCo, downtown, airport, Tesla, and COTA. New HEB coming in 2027 nearb

Investor Tools

$194,412Estimated Mortgage Balance
$228,025Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,535 /month
Positive
Cash Flow Estimate:
$845 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,086
$422,437
2025
$65,661
$356,776
$422,437
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,086
$422,437

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mb Financial Bank Na
Conventional
$250,904
No
First
Nov 30, 2015
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,412
$228,025
53%
46%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$75/mo
+$2,341/mo
6.9%

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.

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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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