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$640,000

NAL Estimated Property Value

5501 Allamanda Dr, Austin, TX, 78739

SoldInfo
8/10/26
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.83 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFree Standing Range, Disposal, Gas Water Heater, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,787 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04324403050000
Lot Number5
SubdivisionGreyrock Ridge Phs 1
Land UseResidential
Legal DescriptionLOT 5 BLK D GREYROCK RIDGE PHS 1
Census Tract033300
Assessed Land Value$150,000
Assessed Improvement Value$485,600
Assessment Year2025

About this property

Beautiful single-story home in highly desirable Circle C Ranch/Greyrock featuring 3 spacious bedrooms, 2 full baths, dedicated office/study, and a 2-car garage! Fresh interior paint throughout, including newly painted cabinets with newly installed carpet create a bright, clean, and move-in ready feel. Family and friends can sit at the breakfast bar while the 'chef' of the family cooks a gourmet meal! Lots of abundant natural light, spacious living areas, and a private backyard perfect for entertaining! Located just minutes from downtown Austin with easy access to shopping, dining, parks, trails, and all South Austin conveniences. Zoned to highly rated Circle C schools and access to outstanding community amenities including pools, parks, playgrounds, and hike & bike trails. With its prime location, this beautifully updated move in ready property would make the perfect place to call home!

Investor Tools

Property Icon
$640,000
Estimated Property Value
$286,503Estimated Mortgage Balance
$150,167Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,840 /month
Positive
Cash Flow Estimate:
$1,280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,091/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,889
$635,600
2025
$150,000
$485,600
$635,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,889
$635,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$318,000
No
First
Mar 17, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,503
$355,497
55%
45%
$1,907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,407/mo
+$723/mo
5.9%

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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5501 Allamanda Dr | Property Details | No Agent List