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$486,000

1516 Villanova Dr, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$401.97 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesConvection Oven, Cooktop, Disposal, ENERGY STAR Qualified Water Heater, Gas Cooktop, Microwave, Electric Oven, Self Cleaning Oven, Vented Exhaust Fan, Washer/Dryer Stacked, Water Heater
FlooringBamboo, Carpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRV Hookup
Lot Size10,028 sqft

Building Information

Year Built1958
Stories1
Roof Type105

Land Information

APN02400805090000
Lot Number97
SubdivisionWooten Park Sec 2
Land UseResidential
Legal DescriptionLOT 97 WOOTEN PARK SEC 2
Census Tract040500
Assessed Land Value$340,535
Assessed Improvement Value$127,372
Assessment Year2025

About this property

THIS HOME QUALIFIES FOR A ZERO DOWN, NO MORTGAGE INSURANCE program with reduced closing costs and below market interest rate! Fall in love with this one-story home located in the highly coveted Wooten Park subdivision. Step inside to a family room highlighted by bamboo flooring, which leads to a renovated eat-in kitchen with maple cabinets, quartz countertops, granite sink, gas cooktop, convection oven, and walk-in pantry. FRESH INTERIOR PAINT AND NEW CARPET IN BEDROOMS. The exterior offers a metal roof, vinyl dual paned windows, re-insulated walls, a covered front porch, an over-sized covered back composite deck, mature landscaping, and an extra paved driveway with parking pad and 30-amp RV hook-up. Only minutes from the neighborhood park, walking trails, all major highways, Q2 stadium, the Domain, the Arboretum, Gateway, many shops and restaurants.

Investor Tools

Property Icon
$486,000
Estimated Property Value
$494,950Estimated Mortgage Balance
$20,698Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$875/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,075
$467,907
2025
$340,535
$127,372
$467,907
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,075
$467,907

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$494,950
No
First
Feb 3, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,918
$989
0%
96%
$2,968/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,968/mo
$-880/mo
5.2%

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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1516 Villanova Dr | Property Details | No Agent List