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$700,733

NAL Estimated Property Value

1208 Larkwood Dr, Austin, TX, 78723

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,428 Sq Ft
price_per_sqft$258.4 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Water Heater
FlooringTile, Wood

Exterior

Lot Size8,995 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02231502200000
Lot Number18
SubdivisionDelwood Sec 4
Land UseResidential
Legal DescriptionLOT 18 BLK C DELWOOD SEC 4
Census Tract002104
Assessed Land Value$258,909
Assessed Improvement Value$441,824
Assessment Year2025

About this property

Multiple offers - Best & Final by 2/5 12p. Originally one of Delwood's model homes in 1953! Tastefully updated bungalow in Hot Windsor Park! Not a quick flip. Home features large bedrooms, beautiful original hardwood floors, completely remodeled kitchen w/ breakfast bar opens up to living/dining room, timeless remodeled bathroom with claw foot tub & wainscoting, fresh exterior paint, roof 2014, new front door & deck. Pier & beam foundation (rare for the area). Close to Mueller, parks & eateries.

Investor Tools

Property Icon
$700,733
Estimated Property Value
$247,041Estimated Mortgage Balance
$453,692Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,204 /month
Positive
Cash Flow Estimate:
$1,401 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,646
$700,733
2025
$258,909
$441,824
$700,733
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,646
$700,733

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$274,200
No
First
Mar 1, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,041
$453,692
64%
35%
$1,644/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,644/mo
+$444/mo
3.6%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1208 Larkwood Dr | Property Details | No Agent List