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$488,000

5606 Steven Creek Way Ste Ven, Austin, TX, 78721

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,781 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.56 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size4,522 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02021901140000
Lot Number12
SubdivisionJoseph Edward Subd
Land UseResidential
Legal DescriptionLOT 12 BLK C JOSEPH EDWARD SUBD
Census Tract002111
Assessed Land Value$273,809
Assessed Improvement Value$211,428
Assessment Year2025

About this property

Pound for pound best deal for your buyers looking in east Austin. Original owners, updated with newer tile and laminate wood floors, new stainless appliances, butcher block counters/sink, upgraded lighting, newer paint in and out, lush private yard & a ton more! Great location conveniently located between downtown and ABIA (airport), bike to all things east Austin, PLUS the 10 mile Walnut Creek bike/hike trail! Don't miss out on this amazing home! Sprinkler Sys:Yes

Investor Tools

Property Icon
$488,000
Estimated Property Value
$344,100Estimated Mortgage Balance
$177,982Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,577
$485,237
2025
$273,809
$211,428
$485,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,577
$485,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$344,100
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,018
$175,219
36%
64%
$2,064/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,124/mo
$-36/mo
5.1%

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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5606 Steven Creek Way Ste Ven | Property Details | No Agent List