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$376,000

NAL Estimated Property Value

7109 Cherry Meadow Dr, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,138 Sq Ft
price_per_sqft$333.83 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Oven, Built In Gas Range, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Oven
FlooringWood

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,704 sqft

Building Information

Year Built1972
Stories1
Roof Type105

Land Information

APN04181706010000
Lot Number1
SubdivisionCherry Meadows
Land UseResidential
Legal DescriptionLOT 1 BLK D CHERRY MEADOWS
Census Tract030900
Assessed Land Value$182,844
Assessed Improvement Value$157,393
Assessment Year2025

About this property

In the Cherry Creek neighborhood of South Austin, this single-story home has been fully renovated down to the studs, featuring updates like new drywall, insulation, a roof with transferable warranty, water heater, plumbing fixtures, white oak wide plank hardwood floors, double pane windows, HVAC system, higher-end custom iron fence, siding, tongue-and-groove interior and exterior walls, smooth-finished walls and ceilings, light fixtures, recessed lighting throughout, waterfall quartz island and kitchen countertops, new cabinets, and all new appliances. The fenced yard adds privacy and outdoor appeal, making it a strong draw for short-term tenants who value the modern aesthetic, convenient setup, and prime accessibility—driving over $50,000 in rental revenue for 2024 alone. Located less than 5 miles from Zilker Park, 10 miles from Austin-Bergstrom International Airport, 7 miles south of downtown Austin, and under 5 minutes from numerous restaurants, bars, and grocery stores, with walking distance to Sprouts Farmers Market and other eateries. This turnkey investment property can convey with all furniture and appliances for immediate cash flow. Refrigerator, washer, and dryer included.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$287,191Estimated Mortgage Balance
$89,325Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,279 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$860/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,438
$340,237
2025
$182,844
$157,393
$340,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,438
$340,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$308,750
No
First
Aug 19, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,191
$53,046
15%
76%
$1,852/mo

City: Austin

7109 Cherry Meadow Dr | Property Details | No Agent List