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$1,188,000

NAL Estimated Property Value

8602 Silver Ridge Dr, Austin, TX, 78759

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,511 Sq Ft
price_per_sqft$438.07 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Cooktop, Dryer, Dishwasher, Exhaust Fan, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesSee Remarks
Lot Size9,801 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01470108070000
Lot Number23
SubdivisionWestover Hills Sec 4
Land UseResidential
Legal DescriptionLOT 23 BLK C WESTOVER HILLS SEC 4
Census Tract030100
Assessed Land Value$447,511
Assessed Improvement Value$572,201
Assessment Year2025

About this property

Wow!! $100,000 reduction! Beautifully Remodeled One-Story in Coveted Westover Hills--no steps inside or outside. Beautifully Remodeled One-Story in Coveted Westover Hills. Charming brick-and-limestone one-story nestled beneath majestic live oaks on a picturesque street, built in 1969 for the Whitsitt family and lovingly maintained by the family. Extensively remodeled and expanded in 2013 with an open-concept design, updated systems, and quality finishes throughout. Recent Improvements: • New roof (August/September 2025) by Reliance Roofing • New high-efficiency HVAC system serving the main living areas and primary suite (April 2025) • New interior doors and hardware (April 2026) • New five-burner KitchenAid 36" gas cooktop (April 2026) • New carpet in the primary and front secondary bedroom (April 2026) • Fresh interior and exterior paint in selected areas (April 2026) • Under-slab plumbing replacement (2022), approximately $47,000 investment. 2013-2014 Timeframe Renovation Highlights •Opened the floor plan, and updated the kitchen with custom wood beadboard cabinetry, soft-close drawers, under-cabinet lighting, granite countertops, and marble backsplash • Andersen windows installed throughout (excluding primary bath and garage loft) • New plumbing line from the home to the street (2017) • All new electrical rewire 2014 • Both bathrooms renovated with updated vanities, tile, and lighting • Expanded living room and primary suite, added cathedral ceilings • Durable tile flooring throughout the main living areas, kitchen, utility room, and two secondary bedrooms • Stainless steel KitchenAid and Maytag appliances • Stainless steel double-bowl Blanco sink with upgraded faucet and pull-down sprayer • Added the covered back porch • Functional walk-through utility room connecting the garage to the home, complete with floor-to-ceiling pantry storage • HVAC system for the secondary bedrooms and bath (2014). Be sure to see it!!

Investor Tools

Property Icon
$1,188,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,128 /month
Positive
Cash Flow Estimate:
$2,376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,288
$1,019,712
2025
$447,511
$572,201
$1,019,712
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,288
$1,019,712

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,188,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
N/A
+$2,660/mo
2.7%

City: Austin

8602 Silver Ridge Dr | Property Details | No Agent List