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$1,089,000

NAL Estimated Property Value

7311 Grover Ave, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,427 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$409.97 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Disposal, Gas Oven, Refrigerator, Range Hood, Stainless Steel Appliances, Wine Refrigerator
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesLighting, No Exterior Steps, Private Yard, Rain Gutters
Lot Size8,982 sqft

Building Information

Year Built1951
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02330907180000
Lot Number18
SubdivisionCrestview Addn Sec 6
Land UseResidential
Legal DescriptionLOT 18 BLK A CRESTVIEW ADDN SEC 6
Census Tract001504
Assessed Land Value$247,500
Assessed Improvement Value$568,353
Assessment Year2024

About this property

Crestview living at its smartest! This beautifully well-designed property pairs a modern 3 bed, 2 bath bungalow, with a private, fully equipped 1 bed, 1 bath casita, offering flexibility for income, guests, or multigenerational living. The main house welcomes you with warm wood floors, plenty of natural light, and an open layout that flows easily between living, dining, and kitchen spaces. The main level includes two generously sized bedrooms, a full bath, and a sunroom that adds extra charm and livability. Upstairs, the primary suite spans the entire second floor and features a walk-in closet and a fabulous ensuite bath. The kitchen is crisp and modern, with soft gray custom cabinetry, classic subway tile, polished quartz countertops, a built-in pantry system, and stainless appliances. Outside, cafe lights twinkle under a covered carport, adding a touch of magic to this cozy outdoor retreat. Almost hidden by the lush foliage, the separate casita blends seamlessly into the landscape, offering a sense of privacy that feels rare in the city. Inside, it’s sleek and modern with polished concrete floors, high ceilings, a full kitchen with an oversized breakfast bar, living room, separate bedroom, full bathroom, and utility closet. Whether used as a private guest retreat or an income-producing rental, it offers quiet privacy and undeniable potential. All of this in one of Austin’s most beloved, walkable neighborhood, just minutes from the Crestview Light Rail Station, Brentwood Park, and local favorites like Little Deli, Violet Crown Clubhouse, and Brentwood Social House. Zoned to the highly regarded Brentwood Elementary, this location offers not only lifestyle convenience, but access to one of the area’s most sought-after schools. It’s hard to beat the mix of location, design, and long-term value this home brings to the table. Main home - 1,627 sqf | 3 BD | 2 BA; Casita - 780 sqft | 1 BD | 1 BA

Investor Tools

Property Icon
$1,089,000
Estimated Property Value
$477,597Estimated Mortgage Balance
$613,631Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,534 /month
Positive
Cash Flow Estimate:
$2,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$815,853
2024
$247,500
$568,353
$815,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$815,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$566,400
No
First
Jun 8, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$477,597
$611,403
56%
44%
$3,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,396/mo
$-980/mo
2.7%

City: Austin

7311 Grover Ave | Property Details | No Agent List