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$584,000

NAL Estimated Property Value

5656 Oak Blvd, Austin, TX, 78735

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,552 Sq Ft
price_per_sqft$386.6 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Exhaust Fan, Electric Water Heater, Induction Cooktop, Oven, Range
FlooringTile

Exterior

Exterior FeaturesNo Exterior Steps, Private Yard, Rain Gutters
Lot Size17,463 sqft

Building Information

Year Built1960
Stories1
Roof Type183
Garage Spaces3

Land Information

APN04062807200000
Lot Number3B
SubdivisionOak Acres Resub
Land UseResidential
Legal DescriptionLOT 3B OAK ACRES RESUB
Census Tract001915
Assessed Land Value$162,905
Assessed Improvement Value$352,438
Assessment Year2025

About this property

A mid-century gem nestled in a tight-knit Southwest Austin neighborhood! The new metal roof, new HVAC and water heater, and new exterior paint (all 2021) give you peace of mind when thinking long-term. The attached carport and 2-car garage are sure to provide plenty of space for your motor vehicles. Tile flooring, high cathedral ceilings, and a tremendous amount of natural light make up the open interior. The open floor plan allows for easy mobility and makes the home feel even more spacious! The living room is sun-filled with 2 ceiling fans, recessed lighting, and a welcoming wood-burning fireplace that is great for use during the colder months. Granite countertops, a built-in oven, and tons of cabinet space grace the bright eat-in kitchen. It's adjacent to a roomy dining area that includes a sizeable window, allowing you to enjoy a lovely breeze while partaking in a meal or beverage. All 3 bedrooms in the home have crown molding and large windows throughout. The Owner's Suite has a ceiling fan and an en-suite bathroom that contains an abundance of cabinet space and a deep soaking tub/shower combo. Head out back and you'll find a huge covered patio that overlooks your fully-fenced majestic backyard! The backyard features a desirable pond, a waterfall, a slab of concrete with a brick/wood-built bench, and several trees that provide a great amount of shade. You'll never want to leave home! Located close to many shops, schools, and good eats. Don't let this gorgeous Oak Acres home slip away!

Investor Tools

Property Icon
$584,000
Estimated Property Value
$534,373Estimated Mortgage Balance
$50,531Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,137/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,721
$515,343
2025
$162,905
$352,438
$515,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,721
$515,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Stand Alone First / Home Equity First Lien
$562,600
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$534,373
$77,627
12%
92%
$3,374/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
$3,374/mo
$-844/mo
5.2%

Learn About the Market: Opportunity in Austin

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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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5656 Oak Blvd | Property Details | No Agent List