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$504,079

6213 Pennwood Ln, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$412.29 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling

Exterior

Lot Size9,635 sqft

Building Information

Year Built1970
Stories1
Roof Type105

Land Information

APN04151501010000
Lot Number37
SubdivisionCherry Creek
Land UseResidential
Legal DescriptionLOT 37 BLK A CHERRY CREEK
Census Tract030400
Assessed Land Value$283,477
Assessed Improvement Value$220,602
Assessment Year2025

About this property

Amazing South Austin home on a corner lot with fantastic curb appeal. The minute you pull into the driveway, you are surrounded by a spectacular garden that includes a charming community garden stand. The home features an open floor plan with vaulted ceilings, Saltillo tile, lots of natural light and double doors that lead to a covered deck. In the backyard, you can relax on the covered deck surrounded once again by fantastic landscaping with eclectic highlights that really make this feel like a South Austin home. An array of east-facing solar panels help keep energy costs low and the installed Google Fiber keeps you connected. Zoned SF3 so build an ADU, granny flat, or home office in the backyard. This home also shares a power grid with nearby Austin Fire Station 20 and maintained all utilities during both the snow storm of 2021 and the ice storm of 2023... don't miss this one! Buyer will need to do...due diligence concerning SF3 building opportunities on property.

Investor Tools

Property Icon
$504,079
Estimated Property Value
$416,000Estimated Mortgage Balance
$110,290Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,004
$504,079
2025
$283,477
$220,602
$504,079
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,004
$504,079

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$416,000
No
First
Jun 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,460
$109,619
21%
78%
$2,495/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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6213 Pennwood Ln | Property Details | No Agent List