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$359,000

1819 Michael Wayne Dr, Austin, TX, 78728

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$307.69 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Gas Oven, Refrigerator, Washer
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size8,272 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02682008040000
Lot Number20
SubdivisionWells Branch Phs F
Land UseResidential
Legal DescriptionLOT 20 BLK O WELLS BRANCH PHS F
Census Tract042300
Assessed Land Value$244,225
Assessed Improvement Value$96,633
Assessment Year2025

About this property

1819 Michael Wayne is conveniently located with easy access to I-35, MoPac, and the Toll Roads near the North Austin Tech Corridor, and a short drive to the Q2 stadium, and The Domain. This is an adorable 3 bedroom, 2 bath one story home in desirable Wells Branch, gently lived in by the original owner. Stone, Hardi-plank exterior, and mature landscaping provide charming curb appeal. The interior offers high ceilings, plenty of natural light with an open floor plan. The kitchen and breakfast area have been recently updated with granite countertops, a deep stainless steel sink, and Delta faucet. The living and dining area offer a gas fireplace, ceiling fan, and hard tile flooring, there is no carpet in the home. The master bedroom is located in the back for privacy with a full bath, and spacious walk-in closet. There are two additional bedrooms and a shared hall bath. The backyard is large and level with a privacy fence, tall trees, and room to garden or play. There is a covered patio area with a swing plus an open deck for relaxing and entertaining. Roof shingles were replaced in 2019, the HVAC is recent/Lennox. There is also a large two car garage with a door opener. Wells Branch offers a vast array of amenities including parks, trails, picnic areas, a community center, recreation center, dog parks, two community pools - one is heated, library, community gardens, skate park, disc golf, and tons of annual events and clubs. Fiber cable has recently been added to the neighborhood. “Whatever the question, community is the answer.” Come see all this neighborhood has to offer. There is information available at www.wellsbranchmud.com Low Tax Rate (2.0689%).

Investor Tools

Property Icon
$359,000
Estimated Property Value
$292,500Estimated Mortgage Balance
$81,645Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$795/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,744
$340,858
2025
$244,225
$96,633
$340,858
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,744
$340,858

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$292,500
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,355
$89,645
24%
77%
$1,754/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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