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$437,003

NAL Estimated Property Value

1602 Fair Oaks Dr, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.22 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,482 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04121206110000
Lot Number18
SubdivisionDeer Park Sec 1
Land UseResidential
Legal DescriptionLOT 18 BLK C DEER PARK SEC 1
Census Tract030300
Assessed Land Value$300,001
Assessed Improvement Value$137,002
Assessment Year2025

About this property

Don't miss your chance to live in this bright and contemporary home in 78745! This beautiful home features 3 bedrooms and 2 bathrooms plus an oversized, private backyard. Recent updates include new ceramic tile floors and new interior paint throughout. The inviting living space features abundant natural light, beautiful ceramic floors, and flows into the galley kitchen with ample prep and storage space. Your spacious private master suite features large bay windows, an ensuite bathroom, and walk-in closet. Two bright additional bedrooms and a finished garage complete the interior of this lovely home. Head outside to take in your beautiful private backyard - no neighbors behind you, just green space! Located in a great neighborhood within walking distance of Austin Java, Quacks, food trucks, and more! Easy access to St. Elmo, South 1st, and South Congress neighborhoods as well.

Investor Tools

Property Icon
$437,003
Estimated Property Value
$419,914Estimated Mortgage Balance
$17,796Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,022
$437,003
2025
$300,001
$137,002
$437,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,022
$437,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$441,350
No
First
Aug 31, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,914
$17,089
3%
96%
$2,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,647/mo
$-447/mo
6.0%

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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1602 Fair Oaks Dr | Property Details | No Agent List