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7857 Austin Way

Inver Grove Heights, MN 55077

5 bd 3 ba 3,138 sqft Built 2022 Lot 5,468 sqft townhomes
Most recent sale
$421,751
Jan 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 12, 2024 Sold $421,751 Public Record
Jan 9, 2023 Listed $597,512 NorthstarMLS
Sep 17, 2020 Sold $1,842,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $457,700 $93,600 $551,300 $6,426
2023 $78,700 $78,700 $986
2022 $77,000 $77,000 $1,050
2021 $22,900 $22,900 $318
2020 $8,500 $8,500 $118

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
5
Baths
3
Living area
3,138 sqft
Lot size
5,468 sqft
ZIP code
55077
City
Inver Grove Heights
Street
Austin Way
Coordinates
44.83517, -93.07851

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,707
Gross rental yield
13.39%
Implied cap rate
8.71%
Trend-extrapolated value

Frequently asked questions

When did 7857 Austin Way last sell?
7857 Austin Way most recently sold on Jan 12, 2024 for $421,751.
What is the current tax assessment for 7857 Austin Way?
The most recent total assessment for 7857 Austin Way (year 2025) is $551,300 with $6,426 in property tax.
How does 7857 Austin Way's assessment compare to its last sale price?
The current assessment is 30.7% above the last sale price of $421,751.
When was 7857 Austin Way built?
7857 Austin Way was built in 2022.
How does 7857 Austin Way compare to others on Austin Way?
We track 5 other properties on Austin Way. Browse the list under "Other properties on Austin Way" to compare beds, baths, and sale history.
What are the property facts for 7857 Austin Way?
7857 Austin Way is a 5 bed, 3 bath, 3,138 sqft, 5,468 sqft lot townhomes.
Is 7857 Austin Way a flip candidate?
No — 7857 Austin Way does not appear in our flips dataset.
Is 7857 Austin Way a tax-appeal candidate?
Yes — 7857 Austin Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.5%
Implied 1-yr
+1.8%
2026 Q3
$559.9K
2026 Q4
$562.3K
ZIP 55077 — Median Price History + Forecast

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