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$771,000

NAL Estimated Property Value

8606 Melshire Dr, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,941 Sq Ft
price_per_sqft$226.64 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesNone
Lot Size8,712 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02440519100000
Lot Number4
SubdivisionNorthwest Terrace Sec 3
Land UseResidential
Legal DescriptionLOT 4 BLK E NORTHWEST TERRACE SEC 3
Census Tract040400
Assessed Land Value$336,593
Assessed Improvement Value$233,106
Assessment Year2025

About this property

Well maintained 4 bedroom 2 bath home in Northwest Terrace! Great opportunity for someone to personalize this home! An open floor plan for this age home, 2 large living areas, vaulted ceiling in family room, utility room, storage area with extra fridge and built ins in garage. Backyard boasts a shed with electric, towering trees and a sprinkler system. Cozy enclosed back patio with a window AC unit (not included in sq footage). Conveniently located near 183 and Mopac!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$771,000
Estimated Property Value
$0Estimated Mortgage Balance
$771,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,626 /month
Positive
Cash Flow Estimate:
$1,542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
$15/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,175
$569,699
2025
$336,593
$233,106
$569,699
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,175
$569,699

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$730,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$15/mo
+$2,401/mo
3.8%

City: Austin

8606 Melshire Dr | Property Details | No Agent List