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$1,111,000

NAL Estimated Property Value

6612 Mitra Dr, Austin, TX, 78739

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.56 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size13,199 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces3

Land Information

APN04285508060000
Lot Number143
SubdivisionMeridian Sec D Phs 3
Land UseResidential
Legal DescriptionLOT 143 BLK A MERIDIAN SEC D PHS 3
Census Tract033300
Assessed Land Value$287,500
Assessed Improvement Value$807,027
Assessment Year2025

About this property

This fantastic home in Meridian has it all! Master + TWO office spaces downstairs; open kitchen/living area with huge windows opening to the resort-style backyard and pool. You will never want to leave your house! Three more bedrooms up with two full baths; game room and media room. Home built in 2011 by Standard Pacific. Come see, this one won't last!Restrictions: Unknown Comm. Features: Health Club Discount Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,111,000
Estimated Property Value
$472,616Estimated Mortgage Balance
$640,347Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,666 /month
Positive
Cash Flow Estimate:
$2,222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,859/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,752
$1,084,953
2025
$287,500
$807,027
$1,094,527
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,752
$1,084,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$535,255
No
First
Mar 13, 2020
Apr 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,616
$645,384
57%
43%
$3,210/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,630/mo
$3,210/mo
+$420/mo
3.9%

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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6612 Mitra Dr | Property Details | No Agent List