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$478,000

7307 Merrick Ln, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,176 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Dryer, Oven, Gas Oven, Refrigerator, Washer, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size10,136 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04310810270000
SubdivisionHighmark Condominiums Amd
Land UseResidential
Legal DescriptionHIGHMARK CONDOMINIUMS AMD BLD XV UNT 47 PLUS 2.0000 % INT IN COM AREA
Census Tract002422
Assessed Land Value$152,072
Assessed Improvement Value$296,276
Assessment Year2025

About this property

This South Austin condo located in the 78745 is in a well maintained gated community within walking distance to all of the shops and restaurants of South Park Meadows. This condo features a split level layout with a large kitchen island and open floor plan. The primary bedroom is located on the main floor with a large walk in closet, dual vanity with a walk in glass shower in the primary bathroom. There are two bedrooms, full bathroom and secondary living space in the downstairs area. This condo has an attached two car garage, large outdoor patio that backs up to a green belt. What more could you need?! Welcome Home!

Investor Tools

Property Icon
$478,000
Estimated Property Value
$0Estimated Mortgage Balance
$478,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,693
$448,348
2025
$152,072
$296,276
$448,348
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,693
$448,348

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
N/A
+$2,200/mo
5.5%

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.

Explore Texas Explore This Area
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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7307 Merrick Ln | Property Details | No Agent List