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$890,000

NAL Estimated Property Value

5604 Penick Dr, Austin, TX, 78741

Recently SoldInfo
7/27/26
Beds3 Beds
Baths2 Bath
Baths2,270 Sq Ft
price_per_sqft$351.98 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Range Hood, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesGarden, Private Yard, Fire Pit
Lot Size23,440 sqft

Building Information

Year Built1965
Stories2
Roof Type104
Garage Spaces2

Land Information

APN03061201070000
Lot Number3
SubdivisionPenick Place
Land UseResidential
Legal DescriptionLOT 3 PENICK PLACE
Census Tract002325
Assessed Land Value$250,323
Assessed Improvement Value$375,251
Assessment Year2025

About this property

Introducing the Penick Urban Homestead, a rare opportunity to own a piece of Austin history—this 3-bedroom, 2-bath single-family home is set on one of the largest residential lots in the 78741 - over half an acre! While many homes are just an address, this street is named after the legendary Harvey Penick, known for his work at the Riverside Golf Course. The two-story layout includes 2 bedrooms on the main level and a dedicated primary suite occupying the entire second floor, providing a sense of scale and privacy that is nearly impossible to find this close to the city center. On the main floor, a spacious living room centers around the fireplace with large windows that frame the massive backyard like a living painting. Hardwood floors run throughout the home, leading into a remodeled kitchen finished with wood cabinetry and granite countertops. A full-length foyer creates a seamless flow from the front of the house to the back. This home has been rebuilt from the outside in with high-end updates throughout, including major systems, roof and windows. For those needing extra room, a door on the second floor opens to a large walk-in attic that offers massive storage or potential for future finished space. The fully fenced backyard contains over 20 fruit trees, including apple, pear, and peach varieties, alongside a 12 x 28-foot deck and a fire pit area with decomposed granite paths. The location is a major draw, placing you adjacent to the Riverside Golf Course, 2 miles from Downtown Austin and 15 minutes from the airport. Enjoy easy access Secret Beach at Roy G. Guerrero Park or hop on the MetroRapid 800 bus just a block away on Pleasant Valley Road. With the $4 billion River Park development nearby and the planned Grove Station on the Blue Line light rail coming soon, this Penick Place home connects you to the best of Austin’s future growth while remaining tucked away on a quiet, private street.

Investor Tools

Property Icon
$890,000
Estimated Property Value
$159,591Estimated Mortgage Balance
$730,736Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,340 /month
Positive
Cash Flow Estimate:
$1,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,611
$340,983
2025
$250,323
$375,251
$625,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,611
$340,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Conventional
$180,000
No
First
Jul 10, 2020
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,591
$825,409
83%
18%
$1,080/mo

City: Austin

5604 Penick Dr | Property Details | No Agent List