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$702,133

NAL Estimated Property Value

5705 Tura LN 1, Austin, TX, 78721

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,252 Sq Ft
price_per_sqft$349.02 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Dishwasher, Free Standing Gas Oven, Disposal, Oven, Range, Range Hood, Tankless Water Heater, Vented Exhaust Fan
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size3,315 sqft

Building Information

Year Built2022
Stories3
Garage Spaces1

Land Information

APN02052118020000
Subdivision5705 Tura Lane Condominiums
Land UseCondo
Legal Description5705 TURA LANE CONDOMINIUMS UNT 1 PLUS 50.0000 % INT IN COM AREA
Census Tract002110
Assessed Land Value$112,500
Assessed Improvement Value$589,633
Assessment Year2025

About this property

MLS# 3740716 - Built by Homebound - Ready Now! ~ This New Construction home is nestled in an East Austin neighborhood that backs up to the quiet Red Bluff Nature Preserve. Although just a short drive from downtown, this home offers a reprieve from the hustle and bustle of the lively city. The floorplan is well though-out for easy, everyday living and boasts 4 bedrooms, 3.5 baths, an expansive primary bedroom suite with a walk-in closet, a spacious third floor loft with a bedroom-office suite, and a covered outdoor living area. Built by Homebound, a tech-enabled builder with extraordinary design services, the home is equipped with high end finishes, a home automation system, an attached garage that’s pre-wired for EV and a builder's 1-2-10 warranty. Not only is this location a short distance from many of Austin's coveted restaurants and hang outs, but also provides easy proximity to 183, Tesla, Austin Bergstrom Airport, and downtown Austin!

Investor Tools

Property Icon
$702,133
Estimated Property Value
$553,031Estimated Mortgage Balance
$149,102Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,716 /month
Positive
Cash Flow Estimate:
$1,572 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,514
$702,133
2025
$112,500
$589,633
$702,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,514
$702,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$569,086
No
First
Oct 18, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$553,031
$149,102
21%
79%
$3,412/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,412/mo
$-996/mo
4.1%

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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5705 Tura LN 1 | Property Details | No Agent List