See Home Value
$249,990
● House - Off Market

7101 Cherry Meadow DR

Austin, TX 78745
bedrooms
3 Beds
bathrooms
1 Bath
square feet
940 Ft²
$1,802
Est. Monthly
8.04%
Cap Rate

About This Property

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.
Unit Size
940 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$266
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1971

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Last updated: 5 months ago (Unlock MLS #ACT4567284)

Price History

Date / Event Date Event Price
Apr 24, 2026 In contract -
In contract
Mar 19, 2026 Price Decreased $329,900
↓ $19K (5.5%)
Price Decreased
Mar 12, 2026 Price Decreased $349,000
↓ $16K (4.4%)
Price Decreased
Feb 20, 2026 Listed by Keller Williams Realty $365,000
Listed by Keller Williams Realty
Special Incentive: Take advantage of a OWNER-paid rate buydown when you use Buyer’s Rate Mortgage, significantly lowering your monthly payment! This is the home that quietly sets the standard for the neighborhood. From the moment you arrive, it’s clear this 3-bedroom, 1-bath residence has been thoughtfully transformed. Every major system has been addressed, creating a home that doesn’t just look updated—it lives that way. A new roof, HVAC system, fully upgraded copper electrical, new sewer line, and a new water heater provide the kind of behind-the-walls confidence buyers rarely find. Inside, the renovation feels cohesive and intentional. New wood-look flooring flows seamlessly throughout, complemented by fresh paint, new windows, updated lighting, and new front and back doors that frame the home with a clean, modern edge. The kitchen has been completely reimagined with new cabinetry, sleek countertops, and brand-new appliances—creating a space that feels both elevated and effortlessly functional. The bathroom continues the story with updated tile and refined finishes, while outside, refreshed landscaping enhances the curb appeal and sets a welcoming tone. Location & Lifestyle: Perfectly positioned for convenience, this home offers a truly walkable lifestyle with popular local favorites less than a half-mile away: Dining & Coffee: Stroll over to Sprouts Farmers Market for fresh finds, or grab a quick bite at local staples like Casa Garcia’s, Snarf’s Sandwiches, and Bamboo Bistro. Shopping & Essentials: Everything you need is at your fingertips, from the Texan Markets to the various shops and services at the nearby Westgate and William Cannon corridors. In a neighborhood defined by its timeless Austin character, this home stands as a polished, premier example of the area’s continued growth—modernized, polished, and ready for its next chapter. This isn’t just renovated. It’s redefined.
Nov 15, 2024 Listed by NB Elite Realty $249,990
Listed by NB Elite Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 104
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,709
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,200
  • Gross Building Area: 1,300
  • Building Area: 940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY MEADOWS
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 5 BLK D CHERRY MEADOWS

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 030900

Geography

  • Assessors Map Reference: 0418170605
  • Account Number: 330257
  • Parcel: 330257
  • Block: D
  • Lot: 5
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.1992
  • Longitude: -97.804

    Address

  • Full Address: 7101 Cherry Meadow Dr
  • Address - House Number: 7101
  • Address - Street Name: Cherry Meadow
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C011
  • 4-Digit Zip Code: 5337
  • Zip Code: 78745

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $892,102
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2392
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 66
  • Final Value: 431,783
  • High Value: 535,066
  • Low Value: 328,499

    Market Valuation

  • Market Total Value: $394,065
  • Market Land Value: $275,000
  • Market Improvement Value: $119,065

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,065
  • Assessed Land Value: $275,000
  • Assessed Improvements Value: $119,065
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cherry Meadows


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Nearby Rentals

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Unit for rent at 6806 Lunar Dr, Austin, TX, 78745

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6806 Lunar Dr, Austin, TX, 78745 Listing by Rachel Hoffman


Frequently Asked Questions

When was property at 7101 Cherry Meadow Drive built and last sold?
The property at 7101 Cherry Meadow Drive was built in 1971 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7101 Cherry Meadow Drive is $0.
What are some comparable homes to 7101 Cherry Meadow Drive?
There are currently no comparable homes to 7101 Cherry Meadow Drive.