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$916,000

NAL Estimated Property Value

5603 Ridge Oak Dr, Austin, TX, 78731

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,899 Sq Ft
price_per_sqft$394.94 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Oven, Range
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size15,333 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01320305110000
Lot Number16
SubdivisionHighland Park West Sec 3
Land UseResidential
Legal DescriptionLOT 16 BLK F HIGHLAND PARK WEST SEC 3
Census Tract000102
Assessed Land Value$586,253
Assessed Improvement Value$277,265
Assessment Year2025

About this property

An amazing opportunity to get into a highly coveted neighborhood on an even more sought after street! This midcentry gem holds endless potential for any buyers looking to put their personal stamp on a home. This house is a fantastic opportunity to get into the Highland Park Neighborhood at an amazing price. Located on a 0.35-acre lot, and perched high on a hill with neighborhood views. All main living areas are bright and ready for your buyers improvements. The home also offers tons of potential to expand the living square footage with the existing footprint or addition. Access to award winning schools, and close to the Domaine, Downtown, and Northwest Austin's tech campuses - dont miss this great opportunity!

Investor Tools

Property Icon
$916,000
Estimated Property Value
$422,060Estimated Mortgage Balance
$494,610Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,496 /month
Positive
Cash Flow Estimate:
$1,832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$863,518
2025
$586,253
$277,265
$863,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$863,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$435,000
No
First
Aug 29, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,060
$469,940
52%
46%
$2,609/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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5603 Ridge Oak Dr | Property Details | No Agent List