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$1,950,000

NAL Estimated Property Value

607 West Ave, Austin, TX, 78705

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,348 Sq Ft
price_per_sqft$425.89 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Oven, Free Standing Gas Range, Disposal, Range Hood, Stainless Steel Appliances, Tankless Water Heater
FlooringCarpet Free, Slate, Tile, Wood

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size7,701 sqft

Building Information

Year Built1928
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02170205060000
Lot Number8
SubdivisionGypsy Grove
Land UseResidential
Legal DescriptionLOT 8 *& E11.5FT LOT 7 BLK 11 OLT 75-76 DIV D GYPSY GROVE
Census Tract001101
Assessed Land Value$570,564
Assessed Improvement Value$409,713
Assessment Year2025

About this property

This historic North University craftsman has been meticulously updated to blend modern design elements with the original 1920s charm. Bursting with curb appeal, the home is set on a large lot with great walkability to the UT Campus along with many shops/restaurants along Guadalupe. The stunning 2,348 sq ft interior features abundant natural light, high 10' ceilings, gorgeous wood-cased windows with elegant Roman shades, crown molding, & original hardwood flooring throughout the main floor living areas & bedrooms. Enjoy entertaining friends or lounging in the beautiful living room, complete with a wood-burning fireplace that provides a relaxing ambiance in the evening. Gather around the table to share a delicious meal in the sophisticated formal dining room which offers easy access to the living room, kitchen, & den - great for hosting dinner parties! The den features a high-end Haiku ceiling fan along with a wall of custom built-ins (great potential for a home office!) The gourmet kitchen makes a great impression with slate flooring, white shaker-style cabinetry, marble countertops, a classic subway tile backsplash, & premier stainless-steel appliances including a gas range with a vented range hood & backguard. The primary suite is located on the upper floor, offering plentiful natural light, a large custom walk-in closet, & a sumptuous en-suite bath appointed with a quartz-topped dual vanity, a frameless walk-in shower, & a dreamy clawfoot tub where you can soak with a glass of wine. The private fenced-in backyard offers lots of space for outdoor enjoyment, including an expansive patio area. The large lot has the potential to build an ADU for additional income. TESLA charger in garage! Walk to shops/restaurants along Guadalupe including Black's BBQ, Cheba Hut, Nori, Starbucks, Thai Kitchen, Black Lot, & more. Easy access to DT Austin using Lamar or Guadalupe.

Investor Tools

Property Icon
$1,950,000
Estimated Property Value
$540,553Estimated Mortgage Balance
$1,410,622Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,700 /month
Positive
Cash Flow Estimate:
$3,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,173
$980,277
2025
$570,564
$409,713
$980,277
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,173
$980,277

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Tech Fcu
Stand Alone Second / Subordinate Position
$244,500
No
First
May 6, 2016
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$540,553
$1,079,447
66%
28%
$3,739/mo

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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607 West Ave | Property Details | No Agent List