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$586,000

NAL Estimated Property Value

16 Hightrail Way, Austin, TX, 78738

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.25 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, ENERGY STAR Qualified Appliances, Microwave, Free-Standing Range, Self Cleaning Oven
FlooringCarpet, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,562 sqft

Building Information

Year Built1985
Stories2
Roof Type104
Garage Spaces2

Land Information

APN01317607080000
Lot Number12
SubdivisionHills Of Lakeway Phs 8-A The
Land UseResidential
Legal DescriptionLOT 12 HILLS OF LAKEWAY PHS 8-A THE
Census Tract036900
Assessed Land Value$324,422
Assessed Improvement Value$210,736
Assessment Year2025

About this property

Classic architecture/unique floor plan.Exterior:circular drive, alley access to over sized 2 car garage, covered front porch & back patio.Bright interior w/white walls & 2 story ceiling around curved staircase + lots of windows.Fireplace in living w/built ins, formal dining for 10 top table, breakfast bar, white washed kitchen cabinets, 1/2 bath on 1st floor.Upstairs:lofted 2nd living room, spacious bedrooms & closets + private decks.New roof Jan 2016, new gutters Feb 2016.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$586,000
Estimated Property Value
$259,132Estimated Mortgage Balance
$326,868Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,516 /month
Positive
Cash Flow Estimate:
$1,172 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
$153/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,020
$508,223
2025
$324,422
$210,736
$535,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,020
$508,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans United Home Loans
Va
$325,395
Yes
First
Sep 2, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,132
$341,868
56%
44%
$1,951/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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16 Hightrail Way | Property Details | No Agent List