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$473,000

1338 Neans Dr, Austin, TX, 78758

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,039 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.89 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling

Exterior

Lot Size11,609 sqft

Building Information

Year Built1974
Stories1
Roof Type105

Land Information

APN0245140510
Lot Number9
SubdivisionQuail Creek Phs 3 Sec 4
Land Use1 Family Dwelling
Legal DescriptionLOT 9 BLK A QUAIL CREEK PHS 3 SEC 4
Census Tract040800
Assessed Land Value$215,202
Assessed Improvement Value$298,976
Assessment Year2025

About this property

***Multiple Offers, Highest and Best Due by Monday, 9/25, at Noon; Sellers will make a decision on Tuesday, 9/26*** Property being sold AS IS. No survey available. No utilities connected. This gutted house in North Austin presents a rare chance to shape your ideal living space or investment property from the ground up. Located in the heart of North Austin, this blank canvas allows you to unleash your creativity and vision, tailoring every aspect of the renovation to your desires. The generously sized lot and prime location provide a solid foundation for a stunning transformation, whether you're planning to flip for profit or craft your dream home. With top-rated schools, amenities, and a thriving neighborhood, seize the opportunity to breathe new life into this property and capitalize on the ever-growing Austin real estate market. Don't miss your chance to turn potential into reality.

Investor Tools

Property Icon
$473,000
Estimated Property Value
$399,200Estimated Mortgage Balance
$81,428Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,838 /month
Positive
Cash Flow Estimate:
$946 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$464,046
2025
$215,202
$298,976
$514,178
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$464,046

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$399,200
No
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,170
$133,830
25%
83%
$2,394/mo

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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