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$465,000

5700 Cherry PARK A/B, Austin, TX, 78745

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,515 Sq Ft
DuplexDuplex
price_per_sqft$306.93 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Disposal, Gas Water Heater, Plumbed For Ice Maker, Refrigerator, Range Hood, Washer
FlooringCarpet Free, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,631 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04151206340000
Lot Number23
SubdivisionCherry Creek East
Land UseResidential
Legal DescriptionLOT 23 BLK C CHERRY CREEK EAST
Census Tract002410
Assessed Land Value$261,534
Assessed Improvement Value$140,868
Assessment Year2025

About this property

Unit A is currently being updated with new flooring, counters and back splash. Tenants just moved out. Discover an exceptional investment opportunity in a highly sought-after South Austin locale, where modern updates meet prime positioning. This renovated duplex offers immediate cash flow, presenting a compelling prospect for discerning buyers. Both units feature brand-new flooring and elegant quartz countertops, complemented by contemporary light fixtures and ceiling fans, creating a fresh and inviting atmosphere. The A side boasts meticulously updated bathrooms, while both units benefit from newer AC systems and hot water heaters, ensuring comfort and efficiency. The property also features a roof approximately six years old, providing peace of mind. Situated on a desirable corner lot, the duplex provides ample outdoor space with large backyards for both units, and unit B also has an expansive fenced front yard. This location is a commuter's dream, positioned directly on a popular bike route and a convenient Capital Metro bus route. Enjoy the vibrant neighborhood appeal with renowned eateries like Leroy and Lewis BBQ just a short walk away, offering a truly engaging lifestyle. This property seamlessly blends modern amenities with an unbeatable location, making it a truly unique offering in the Austin market. Instant cash flow!

Investor Tools

Property Icon
$968,000
Estimated Property Value
$0Estimated Mortgage Balance
$811,851Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,808 /month
Positive
Cash Flow Estimate:
$1,936 /month

Interested in this property?

Benjamin Phillips

Levi Rodgers Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,027
$402,402
2025
$261,534
$140,868
$402,402
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,027
$402,402

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$174,000
No
First
Mar 18, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,149
$811,851
83%
16%
$1,044/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.

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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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5700 Cherry PARK A/B | Property Details | No Agent List