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$288,000

5901 Montrelia Dr, Austin, TX, 78724

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Oven, Electric Range, Free-Standing Range, Electric Water Heater
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size5,750 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02055204170000
Lot Number17
SubdivisionGilbert Lane Phs 3
Land UseResidential
Legal DescriptionLOT 17 BLK O GILBERT LANE PHS 3
Census Tract002215
Assessed Land Value$79,453
Assessed Improvement Value$206,795
Assessment Year2025

About this property

Comfortable*Clean*Well maintained 3 bedroom, 2 bath home!!! Lots of window light! Microwave and dishwasher included. Washer/dryer connections! 2 car garage! Fenced backyard. Mother in law plan. Large hall bath. Large master shower and walk in closet. Convenient to downtown Austin with easy access to Gilbert Elementary School, Toll 130, Hwy 290 and IH 35. Tiermo is also near the beautiful Walter. E Long Park.FEMA - Unknown

Investor Tools

Property Icon
$288,000
Estimated Property Value
$149,080Estimated Mortgage Balance
$166,175Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,935
$286,248
2025
$79,453
$206,795
$286,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,935
$286,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$149,080
No
First
Jul 31, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,129
$164,119
57%
42%
$894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$894/mo
+$1,194/mo
8.7%

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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5901 Montrelia Dr | Property Details | No Agent List