FOR_SALENeutral Deal197 days on market

1704 Shelbourne Dr

1704 Shelbourne Dr, Austin, TX 78752, Austin, TX 78752
$395,000
Zestimate®:$393,400

Listing Price

Property image 1
1704 Shelbourne Dr, Austin, TX 78752
Loc: Austin, TX
Days Listed
197
Tax Assessed
$598k
Zestimate®
$393k
Market Rate
Lot Size
9,561 sqft
Rent Estimate
$2,639/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

3

Andrews Elementary School

PK-5
0.7 mi away
2

Webb Middle School

6-8
1.4 mi away
3

Northeast Early College High School

9-12
0.6 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.09%
Total ROI
15.1%
Cash Flow
$-320/mo
DSCR
0.84
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-25Price change$395,000$254
2026-07-30Listed for sale$420,000$270
2026-07-22Contingent$420,000$270
2026-07-10Price change$420,000$270
2026-07-04Listed for sale$575,000$370
2026-07-02Contingent$575,000$370
2026-03-23Price change$575,000$370
2026-03-05Price change$599,000$385
2026-02-21Listed for sale$615,000$395
2022-10-21Listing removed$0
2022-09-27Contingent$625,000$402
2022-09-09Price change$625,000$402
2022-08-26Price change$674,000$433
2022-07-07Listed for sale$675,000$434

Tax History

YearProperty TaxTax Assessment
2025$12,241.65$598,179
2024$12,209.27$616,065
2023$10,569.53$584,194
2022$3,641.59$373,659
2021$0$339,690
2020$3,647.95$308,809
2019$3,215.29$314,643
2018$2,853.66$255,214
2017$2,853.66$232,013
2016$3,801.73$210,921
2015$3,801.73$191,746
2014$3,801.73$176,283
2013$0$167,980
2012$0$181,300
2011$0$175,636
2010$0$159,669
2009$0$145,154
2008$0$131,958
2007$0$155,467
2006$0$141,334
2005$0$128,485
2002$2,655.93$119,689
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,556
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $395,000Rent Basis: Observed Comp Model ($2,639/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $198/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.85%

NOI: $11,241/yr

Cash-on-Cash Yield
-14.7%

On $90,850 invested

DSCR Ratio
0.46x

Negative debt coverage

5-Yr Leveraged ROI
+20.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$897/mo
Homeowner / Hazard Insurance-$198/mo
Vacancy Reserve (5% of rent)-$132/mo
Repairs & Maintenance (10% of rent)-$264/mo
Property Management (8% of rent)-$211/mo
Total Pure Operating Expenses-$1,702/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,639/mo
Less: Operating Expenses-$1,702/mo
Net Operating Income (NOI)+$937/mo
Less: Debt Service (30yr @ 6.75%)-$2,050/mo
Net Cash Flow
$-1,113/mo
$-13,354/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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