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$2,365,000

NAL Estimated Property Value

7408 Davenport Divide Rd, Austin, TX, 78738

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,580 Sq Ft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size34,425 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces4

Land Information

APN01239001150000
Lot Number19
SubdivisionSweetwater Ranch Sec 2 Village E1
Land UseResidential
Legal DescriptionLOT 19 BLK A SWEETWATER RANCH SEC 2 VILLAGE E1
Census Tract036500
Assessed Land Value$646,590
Assessed Improvement Value$2,031,959
Assessment Year2025

About this property

Bring your OWN builder. The Summit at Sweetwater is your unique opportunity to own a piece of the Texas Hill Country within LTISD. Thoughtfully placed above the rolling hills and canyons of Sweetwater. The summit is tucked behind a private gate and encompasses 30 Estate sized Custom home sites featuring 20 miles of unobstructed hill country views All utilities in place, level building pads. LUE water and sewer fees paid for by the seller. Additional info in attached docs?Restrictions: Yes

Investor Tools

Property Icon
$2,365,000
Estimated Property Value
$1,431,758Estimated Mortgage Balance
$934,917Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,190 /month
Positive
Cash Flow Estimate:
$4,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,833/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$46,170
$2,365,000
2025
$646,590
$2,031,959
$2,678,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$46,170
$2,365,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$1,478,250
No
First
Oct 6, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,431,758
$933,242
39%
61%
$8,978/mo

Learn About the Market: Opportunity in Austin

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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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7408 Davenport Divide Rd | Property Details | No Agent List