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$2,495,000

5823 Trailridge Dr, Austin, TX, 78731

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$946.51 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWine Refrigerator
FlooringWood

Exterior

Lot Size13,900 sqft

Building Information

Year Built1958
Stories1
Roof Type127
Garage Spaces3

Land Information

APN01340203010000
Lot Number14
SubdivisionHighland Hills Sec 3
Land UseResidential
Legal DescriptionLOT 14 HIGHLAND HILLS SEC 3
Census Tract030600
Assessed Land Value$506,421
Assessed Improvement Value$698,579
Assessment Year2025

About this property

Set within one of central Austin's most established and tightly held pockets — where homes rarely trade hands and many neighbors are original owners — this extraordinary luxury remodel was built with a singular goal: an uncompromising forever home designed to stand the test of time. Completed in 2023, the residence was taken to the studs and rebuilt with exceptional craftsmanship, engineering, and intentional design. Every major system and finish has been replaced, delivering the benefits of an essentially brand-new custom home — without the cost or uncertainty of new construction. Inspired by a Napa retreat with refined French Tuscan influences, the reimagined open layout features solid white oak beams imported from Canada, wide-plank Majorca European wood flooring, custom millwork, and designer lighting. Private and peaceful — yet effortlessly connected to the best of central Austin. More than a remodel, it's a generational-quality home rebuilt for modern living.

Investor Tools

Property Icon
$1,206,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$836,621Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,970 /month
Positive
Cash Flow Estimate:
$4,990 /month

Interested in this property?

Audra Smith

AustinRealEstate.com

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,484
$1,205,000
2025
$506,421
$698,579
$1,205,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,484
$1,205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$400,000
No
First
Jun 30, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,379
$836,621
69%
31%
$2,399/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.

Explore Texas Explore This Area
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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5823 Trailridge Dr | Property Details | No Agent List