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$1,683,000

5505 Ridge Oak Dr, Austin, TX, 78731

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345.72 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size14,823 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01320302030000
Lot Number12
SubdivisionHighland Park West Sec 2
Land UseResidential
Legal DescriptionLOT 12 BLK A HIGHLAND PARK WEST SEC 2
Census Tract000102
Assessed Land Value$572,823
Assessed Improvement Value$865,136
Assessment Year2025

About this property

Designer ranch style home on large corner lot in Highland Park West. Gourmet kitchen with carrera marble counters, Sub Zero, and farmhouse sink. Updated master bath with garden tub / separate shower and two closets. Large 3rd living room on rear of house - perfect playroom or home office. Huge backyard with playscape and plenty of room for pool. Large oak trees. Hurry. Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,683,000
Estimated Property Value
$900,800Estimated Mortgage Balance
$857,302Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,098 /month
Positive
Cash Flow Estimate:
$3,366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,003
$1,406,764
2025
$572,823
$865,136
$1,437,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,003
$1,406,764

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$900,800
No
First
Dec 6, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$825,698
$877,302
51%
49%
$5,401/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$5,401/mo
$-2,961/mo
1.7%

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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5505 Ridge Oak Dr | Property Details | No Agent List