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$770,000

NAL Estimated Property Value

8612 Melshire Dr, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.23 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,699 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02440519070000
Lot Number7
SubdivisionNorthwest Terrace Sec 3
Land UseResidential
Legal DescriptionLOT 7 BLK E NORTHWEST TERRACE SEC 3
Census Tract040400
Assessed Land Value$336,355
Assessed Improvement Value$395,852
Assessment Year2025

About this property

YAY!!! A gorgeously remodeled Allandale Estates home with charm intact! Highlights include: interior and exterior paint, kitchen cabinets, 5-burner range, floating vent hood, quartz counter-tops, marble backsplash, lighting, fixtures, tile, and microwave. Master bath rebuilt with glass shower insert, walk-in closet, cabinets, tile, quartz counter-tops, basin fixture, mirrors, solar tube. More: back deck, dining and hall way lighting, master bedroom patio door, milky smooth ceilings, and entry tile.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$770,000
Estimated Property Value
$174,467Estimated Mortgage Balance
$595,533Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,283
$732,207
2025
$336,355
$395,852
$732,207
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,283
$732,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$198,000
No
First
Apr 24, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,467
$570,533
76%
23%
$1,188/mo

City: Austin

8612 Melshire Dr | Property Details | No Agent List