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7101 Cherry Meadow Dr, Austin, TX, 78745

$249,990

Home List Price

$2,969*

Closing Credit

3 Bedrooms
1 Full Bath
940 SqFt
$266/SqFt
House

Location

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7101 Cherry Meadow Dr, Austin$249,990

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport
Year Built1971
HeatingNone
CoolingNone
WaterfrontNone
ViewNeighborhood
MLS #4567284
Lot Size0.13 Acres
StatusActive

About 7101 Cherry Meadow Dr

Discover an incredible investment opportunity with this 3 bed 1 bath property, ideally suited for both experienced investors and those looking to enter the Texas market. Property had fire damage. Located in South Austin , a high-demand area experiencing growth, this home is brimming with potential for value-add upgrades, making it perfect for a flip, rental income, or BRRRR strategy. Be careful when walking through.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Stories: 1
  • Living Area: 940 SqFt

Listing Office:

  • Office Name: NB Elite Realty
  • Office Phone: (844) 444-6237
  • Listing Agent: Nakul Kongovi

Interior Features

Interior Information:

  • Flooring Type: Carpet
  • Interior: No Interior Steps, See Remarks, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Neighborhood
  • Exterior: Private Yard, See Remarks

Parking Information:

  • Parking: Attached Carport

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: From Menchaca head East on WM Cannon, Left on Matthews and left on Cherry Meadow dr. House is on right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,990
  • Price Per SqFt: $266/SqFt

Tax Information:

  • Annual Amount: $5,223
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$567.4K

Med. Price/SqFt

$308

Avg. Days On Market

74

# of Sold Homes

602

7101 Cherry Meadow Dr vs Austin

32 DAYS ON ROCKET

-42 Days

$249,990

-$317.4K Less

$266/SqFt

-$42 Less

KEY TAKEAWAY

This property is $317.4K less than the Median Sold Price and $42/SqFt less than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #4567284

Listing Office:

  • Office Name: NB Elite Realty
  • Office Phone: (844) 444-6237
  • Listing Agent: Nakul Kongovi

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/18/2024, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,223$234,569
2019$5,031$234,569
2018$3,763$188,019
2017$3,361$169,985

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4496907
6
/10

  • Wayside Eden Park Academy

  • 6215 Menchaca Rd

  • 0.69 miles

  • Public Charter Grades PK-5

school-card-donut-4496908
7
/10

  • Cunningham Elementary School

  • 2200 Berkeley Ave

  • 0.76 miles

  • Public District Grades EE-5

school-card-donut-4496909
6
/10

  • Odom Elementary School

  • 1010 Turtle Creek Blvd

  • 0.97 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,068. Most Austin, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7101 Cherry Meadow Dr

What is the listing price of this property?

The listing price of 7101 Cherry Meadow Dr property is $249,990.

What type of property is this?

The property 7101 Cherry Meadow Dr is a house located in Austin, Texas, 78745.

Is this property for sale now?

Active Listing: 7101 Cherry Meadow Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,223 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7101 Cherry Meadow Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7101 Cherry Meadow Dr is 940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7101 Cherry Meadow Dr is 1971.

Rocket Homes›Texas›Travis County›Austin›78745›7101 Cherry Meadow Dr

This home is located at 7101 Cherry Meadow Dr in Austin, TX and zip code 78745 in the Southwest neighborhood. This 940 square foot home, which was built in 1971, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $249,990.

While more than 59 listings in Austin, TX in November 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 446 were sold below. In November 2024 in Austin, TX there were 1.1% less homes for sale than in October 2024. Listings spent 74 days on the market in November 2024, and had a median list price of $567,441 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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