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$3,460,000

NAL Estimated Property Value

6705 Elfland Dr, Austin, TX, 78746

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,151 Sq Ft
price_per_sqft$1,109.17 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Electric Range, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size16,688 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01311901130000
Lot Number50
SubdivisionRivercrest Addn Sec 2
Land UseResidential
Legal DescriptionLOT 50 BLK A RIVERCREST ADDN SEC 2
Census Tract001912
Assessed Land Value$6,007,230
Assessed Improvement Value$343,991
Assessment Year2025

About this property

[Note: Active listing agreement in place, do not contact owner.] Location, Lake Access and Loads of Upside-rarely do all three align like this. Just steps to main body Lake Austin and located on a quiet cul de sac, this newly listed property is an ideal foundation for your own renovations. A great price point to get your foothold in the popular Rivercrest neighborhood and have immediate lake access, just in time for summer! Bring your vision, your architect, and your plans-and get ready to unlock the full potential of this rare Rivercrest opportunity. The existing 3100 sf home has 4 bedrooms, each with it's own full bathroom, with primary on the main floor. Other features include, grand-scale windows, high ceilings, and a large outdoor stone patio where you can bring your living outside, watching the moving landscape on the lake. The value is in the location in the highly acclaimed Eanes ISD, the lake access, the recent disannexation from the City of Austin with more upside and less developmental restrictions, and the Rivercrest neighborhood vibe. Opportunities like this don't last so lock in your immediate Lake Austin enjoyment now. Ready to reimagine 6705 Elfland? The possibilities are endless!

Investor Tools

Property Icon
$3,460,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,460,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,970 /month
Positive
Cash Flow Estimate:
$6,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,083/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,692
$2,623,783
2025
$6,007,230
$343,991
$6,351,221
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,692
$2,623,783

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,735,000
100%
0%
$0/mo

City: Austin

6705 Elfland Dr | Property Details | No Agent List