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$495,019

NAL Estimated Property Value

5604 Ledesma RD 2, Austin, TX, 78721

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$440.14 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size3,023 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces1

Land Information

APN0207220503
Lot Number2
Subdivision5604 Ledesma Road Site Condominiums
Land UseCondo
Legal DescriptionUNT 2 5604 LEDESMA ROAD SITE CONDOMINIUMS PLUS 41.0 % INT IN COM AREA
Census Tract002110
Assessed Land Value$92,250
Assessed Improvement Value$402,769
Assessment Year2025

About this property

Amazing Eastside Greenbelt Location! The best of both worlds with the expansive Red Bluff greenbelt behind the home and all the excitement of burgeoning urban East Austin just minutes from your doorstep. Peacefully tucked away almost at the end of Ledesma just a few houses down from the greenbelt trail access, this modern 2019 build provides 2 bedrooms, 2.5 bathrooms, and 1,136 sq ft of luminous interior living space. This is a stand-alone home that is part of a two-unit HOA condo regime with no current fees. Split property with each unit facing the street and excellent privacy. Lovely curb appeal with well-manicured landscaping, sleek & stylish architectural design, and your own private driveway & single car garage. Inside the entry hallway leads past the stairs and half bath into the sunlit open floor plan for the kitchen & living area. Featuring vaulted ceilings, LED recessed lighting, SS appliances, quartz countertops, and well-placed windows that infuse the home with natural light. Refreshing polished concrete floors run throughout the main floor with gorgeous hardwoods upstairs and tile in the baths. The stylish modern kitchen comes ready to use with a center island and desirable contemporary finishes. Upstairs you will find the two bedrooms each with a private ensuite bathroom. Sliding doors off the living room open your living space onto the covered back porch and extended xeriscape patio area. Nest thermostats on each floor. Amazing outdoor space for relaxing and entertaining with stairs that lead to the back half of the yard where you will find an expansive lawn. Welcoming neighborhood vibes with lots of people out and about for strolls and a nearby elementary school with a park. Just 4 miles from the heart of Downtown Austin and 6 miles to the airport. Don’t miss out on this fantastic opportunity to secure this unique greenbelt home in this highly sought-after east side location!

Investor Tools

Property Icon
$495,019
Estimated Property Value
$341,195Estimated Mortgage Balance
$153,824Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$495,019
2025
$92,250
$402,769
$495,019
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$495,019

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arton Creek Lending Group Llc
Conventional
$350,000
No
First
Nov 4, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,195
$153,824
31%
69%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,099/mo
$-473/mo
3.9%

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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5604 Ledesma RD 2 | Property Details | No Agent List