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Owner Contacts

$379,566

NAL Estimated Property Value

6902 Vassar Dr, Austin, TX, 78723

Off Market

3 Beds

2 Bath

1,444 Sq Ft

Single Family Residence

$259.7 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating

Cooling

Exterior

Lot Size8,172 sqft

Building Information

Year Built1965

Stories1

Roof Type112

Garage Spaces2

Land Information

APN02242406300000

Lot Number7

SubdivisionRiverbend Sec 1 At Universityhills

Land UseResidential

Legal DescriptionLOT 7 BLK 9 RIVERBEND SEC 1 AT UNIVERSITYHILLS

Census Tract002113

Assessed Land Value$253,664

Assessed Improvement Value$125,902

Assessment Year2025

About this property

Fantastic, remodeled one story home in very trendy & coveted University Hills! Kitchen and 2 baths were updated and flooring is wood laminate in living areas! Lots of windows with natural light! Large patio at back to relax on or entertain friends! Open concept with 2 living areas open to the dining & kitchen. Spacious guest bath with shower/tub combo & linen closet. Primary suite has 2 closets, ceiling fan & walk in corner shower and nice vanity. Full 2 car garage with laundry & water heater in garage. Stainless refrigerator conveys. Peaceful setting on a quiet street in a popular area. Walk to Dottie Jordan Park w/ pool, tennis, playground & trails. Natural vegetation & fauna in front & back yard with drought resistant plantings & large shade trees! Close to Mueller shopping, 2 HEB grocery stores, airport, major roads, trendy restaurants & coffee houses and approximately 15 minutes to downtown for music, fine dining & theatre!

Investor Tools

$379,566

Estimated Property Value

$348,396Estimated Mortgage Balance

$31,745Estimated Equity

8% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,277 /month

Positive

Cash Flow Estimate:

$759 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$640/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,779

$379,566

2025

$253,664

$125,902

$379,566

Tax History

Year

Tax Paid

Assessed Value

2024

$5,779

$379,566

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$363,750

First

Dec 14, 2023

Jan 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$348,396

$31,170

92%

$2,181/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$2,181/mo

$-93/mo

6.6%

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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