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$679,484

NAL Estimated Property Value

6405 Berkman Dr, Austin, TX, 78723

Off MarketInfo
Baths1 Bath
Baths1,224 Sq Ft
Year BuiltBuilt in 1946

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bathrooms Full 1.75Bathrooms Full 1.75
Garage AvailableGarage Available

Exterior

Lot Size36,982 sqft

Building Information

Year Built1946
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0224190219
SubdivisionSimpson D
Land Use1 Family Dwelling
Legal DescriptionABS 694 SUR 27 SIMPSON D ACR .849
Census Tract002112
Assessed Land Value$643,116
Assessed Improvement Value$36,368
Assessment Year2025

About this property

0.85 acres, zoned SF6. Frontage on Berkman Drive (105FF) AND Hickman Avenue to east (106FF) provides great flexibility. Small frame house could be made rentable for short- or medium-term hold, but contributes no value. North-adjacent lot with same zoning and configuration has 10 condominium units. Fire station on south side of property makes for friendly and watchful neighbors. This stretch of Berkman is in transition, with recent residential development completed and more being planned (see The Acre at Berkman, 1/10 of a mile to the south). Further south is Hank's Restaurant, as well as a large mixed-use development now under construction. Tree and topo survey (6/6/2023) available in attachments. This property is in an estate; administrator is seeking a quick sale.

Investor Tools

Property Icon
$679,484
Estimated Property Value
$1,892,240Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,940 /month
Positive
Cash Flow Estimate:
$1,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$679,484
2025
$643,116
$36,368
$679,484
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$679,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central Texas Housing Accelerator Fund L
Unknown
$1,935,050
No
First
Jan 22, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,892,240
N/A
0%
278%
$11,602/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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6405 Berkman Dr | Property Details | No Agent List