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Owner Contacts

$802,000

5704 Cherokee Draw Rd, Austin, TX, 78738

Off Market

4 Beds

3 Bath

3,374 Sq Ft

Single Family Residence

$237.08 / sqft

Built in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating

Cooling

AppliancesCooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater

FlooringStone, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBarbecue, Gas Grill

Lot Size7,802 sqft

Building Information

Year Built2012

Stories1

Roof Type105

Garage Spaces2

Land Information

APN01259002050000

Lot Number10

SubdivisionSweetwater Sec 1 Village G-1

Land UseResidential

Legal DescriptionLOT 10 BLK C SWEETWATER SEC 1 VILLAGE G-1

Census Tract036500

Assessed Land Value$162,800

Assessed Improvement Value$540,228

Assessment Year2025

About this property

Gorgeous single story in the wonderful master planned Sweetwater community. This was the former model home for David Weekley and has superior finishes throughout. Gourmet kitchen with beautiful granite countertops, lots of cabinets, stainless steel appliances and center island opens to the dining area and living room. Spacious living area with cozy fireplace. Great floor plan with master bedroom retreat and spa-like bathroom. Additional office space was added to the original floor plan. Excellent outdoor kitchen and covered patio overlooking the greenbelt. Just minutes to the Hill Country Galleria, shopping, restaurants, medical facilities and more. PICTURES ARE FROM PREVIOUS LISTING OF MODEL HOME.

Investor Tools

$802,000

Estimated Property Value

$548,250Estimated Mortgage Balance

$306,121Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,812 /month

Positive

Cash Flow Estimate:

$1,604 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,679/month

$190/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,144

$703,028

2025

$162,800

$540,228

$703,028

Tax History

Year

Tax Paid

Assessed Value

2024

$16,144

$703,028

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$548,250

First

May 26, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$495,879

$308,121

38%

62%

$3,288/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,020/mo

$3,478/mo

$-458/mo

4.5%

Learn About the Market: Opportunity in Austin

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