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$1,000,000

6205 Caddie ST 1 & 2, Austin, TX, 78741

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,494 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$400.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Water Heater
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size2,797 sqft

Building Information

Year Built2020
Stories1
Roof Type121
Garage Spaces1

Land Information

APN03081419030000
Lot Number2
Subdivision6205 Caddie Condominiums
Land UseResidential
Legal DescriptionUNT 2 6205 CADDIE CONDOMINIUMS PLUS 42.0 % INT IN COM AREA
Census Tract002325
Assessed Land Value$63,000
Assessed Improvement Value$226,325
Assessment Year2025

About this property

Rare opportunity to own a versatile property just minutes from downtown Austin featuring two separate single-family residences on one lot. The front home offers 3 bedrooms and 2.5 bathrooms with a functional, open layout connecting the kitchen to the living area. Interior finishes include white cabinetry, polished concrete floors, and stainless steel appliances, creating a clean, modern feel. The front unit also features a fenced yard with a large covered patio at the rear—ideal for outdoor living and entertaining—along with a one-car garage. The second residence, located at the rear of the property, is a fully independent 2 bedroom, 1 bathroom home with its own private setting. It includes two covered parking spaces within a fenced and gated area, offering privacy and flexibility for occupants or guests. Currently operating as a successful short-term rental, this property presents an excellent opportunity for investors seeking income potential or buyers looking for a multi-generational living setup. The dual-home configuration allows for a variety of uses including owner occupancy with rental income, full investment, or live/work flexibility. Located in a prime Austin location near downtown, the property offers easy access to hike and bike trails, Colorado River Park, and major employers including Oracle. Dining, entertainment, and everyday conveniences are all nearby, making this an attractive option for both residents and guests.

Investor Tools

Property Icon
$309,000
Estimated Property Value
$0Estimated Mortgage Balance
$309,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

Interested in this property?

Ryan Rogers

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,850
$289,325
2025
$63,000
$226,325
$289,325
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,850
$289,325

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$309,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
N/A
+$1,626/mo
6.3%

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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6205 Caddie ST 1 & 2 | Property Details | No Agent List