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$559,000

NAL Estimated Property Value

6912 Drexel Dr, Austin, TX, 78723

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,814 Sq Ft
price_per_sqft$184.67 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven, Washer, Water Heater
FlooringConcrete, Parquet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size18,034 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02262302240000
Lot Number9
SubdivisionDunbarton Oaks
Land UseResidential
Legal DescriptionLOT 9 BLK 6 DUNBARTON OAKS
Census Tract002113
Assessed Land Value$316,374
Assessed Improvement Value$189,989
Assessment Year2025

About this property

Rare opportunity to own a sweet slice of the University Hills pie! Pride of ownership shines in this bright and spacious artist's retreat. Home sits on over .4 acre serene lot and backs to Little Walnut Creek. Excellent layout, two living areas, unique curved fireplace in family room, wall of windows overlooking private backyard, bright and spacious kitchen opens up to family room, tons of storage, serene master bedroom with raised platform. Foundation repaired.

Investor Tools

Property Icon
$559,000
Estimated Property Value
$388,102Estimated Mortgage Balance
$171,514Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$506,363
2025
$316,374
$189,989
$506,363
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$506,363

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michael J Herman Revocable Trust
Unknown
$400,000
No
First
Aug 29, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,102
$176,898
31%
69%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,399/mo
+$17/mo
5.2%

City: Austin

6912 Drexel Dr | Property Details | No Agent List