6view

Owner Contacts

$370,822

NAL Estimated Property Value

5808 Gerard Dr, Austin, TX, 78744

Off Market

3 Beds

2 Bath

1,606 Sq Ft

Single Family Residence

$220.98 / sqft

Built in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesDishwasher, Gas Range, Microwave, Gas Oven, Refrigerator

FlooringVinyl

Exterior

Exterior FeaturesSee Remarks

Lot Size5,502 sqft

Building Information

Year Built2018

Stories1

Roof Type105

Garage Spaces1

Land Information

APN03281810340000

Lot Number34

SubdivisionAddison Sec 3

Land UseResidential

Legal DescriptionLOT 34 BLK G ADDISON SEC 3

Census Tract002432

Assessed Land Value$60,000

Assessed Improvement Value$310,822

Assessment Year2024

About this property

****Seller to contribute up to 2% in closing costs as allowable**** Welcome to this beautifully maintained 1-story home featuring 3 spacious bedrooms and 2 full bathrooms. Step inside to discover stylish vinyl flooring throughout and an open-concept layout perfect for modern living. The kitchen is a chef’s dream with sleek stainless steel appliances, granite countertops, dark brown cabinetry, and a walk-in pantry for ample storage. Enjoy relaxing on the inviting front porch or entertain guests on the back patio. Additional highlights include a 2-car garage, a private driveway, and contemporary finishes throughout. This home offers comfort, convenience, and charm don’t miss out!

Investor Tools

$370,822

Estimated Property Value

$245,598Estimated Mortgage Balance

$125,599Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,225 /month

Positive

Cash Flow Estimate:

$742 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$695/month

$21/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,492

$370,822

2024

$60,000

$310,822

$370,822

Tax History

Year

Tax Paid

Assessed Value

2024

$6,492

$370,822

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primis Mortgage Co

Conventional

$250,000

First

Apr 15, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$245,598

$125,224

33%

66%

$1,499/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$1,520/mo

+$568/mo

6.8%

Learn About the Market: Opportunity in Austin

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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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