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$911,000

NAL Estimated Property Value

6909 Mitra Dr, Austin, TX, 78739

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$314.43 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size12,271 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0428550703
Lot Number28
SubdivisionMeridian Sec D Phs 3
Land Use1 Family Dwelling
Legal DescriptionLOT 28 BLK Q MERIDIAN SEC D PHS 3
Census Tract033300
Assessed Land Value$287,500
Assessed Improvement Value$615,787
Assessment Year2025

About this property

Welcome to 6909 Mitra Dr in HOT Meridian in Southwest Austin! This beautiful David Weekley single story sits on an oversized greenbelt lot in the coveted 75’ section of Meridian. The open floorplan features 4 bedrooms + office, 3 full bathrooms, & a 2.5 car garage. The kitchen is the heart of the house with granite countertops, stainless steel appliances, a pantry, and a large center island perfect for entertaining. The elegant living room has a fireplace, custom light fixture, and flows seamlessly to the back yard. The outdoor space has a huge covered patio with 2 ceiling fans, gas stub out for a grill, and a hot tub. Backing to a 13 acre greenbelt, the private back yard is a relaxing place to enjoy nature or soak in the hot tub while looking at the stars. Enjoy the luxurious primary suite with an ensuite bathroom featuring dual vanities, separate tub and shower, plus a spacious walk-in closet. The secondary bedrooms are generously sized, providing comfort and privacy for everyone. A separate office with French doors has built-in desks and shelving (could be removed to convert back to the formal dining room). Solar panels allow for low electricity bills. Brand new 5 ton AC unit just installed! It comes with a year of service for the buyer plus a 10 year warranty on parts & labor. Situated in a sought-after Meridian, this house feeds into highly rated Austin ISD schools including Baldwin Elementary located in the neighborhood. Community amenities include a pool, playground, pavilion, basketball, sand volleyball, and a private lake with acres of nature trails. The location offers an easy commute to downtown Austin with many retail & dining options just minutes away.

Investor Tools

Property Icon
$911,000
Estimated Property Value
$787,436Estimated Mortgage Balance
$124,790Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,466 /month
Positive
Cash Flow Estimate:
$1,822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$903,287
2025
$287,500
$615,787
$903,287
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$903,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$806,500
No
First
Dec 23, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$787,436
$115,851
12%
86%
$4,836/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,630/mo
$4,836/mo
$-1,206/mo
4.8%

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.

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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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