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$957,342

2008 Gathright Cv, Austin, TX, 78704

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,942 Sq Ft
price_per_sqft$492.97 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size8,590 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN04061203380000
Lot Number3
SubdivisionPhillips Subd
Land UseResidential
Legal DescriptionLOT 3 BLK A PHILLIPS SUBD
Census Tract002004
Assessed Land Value$319,410
Assessed Improvement Value$637,932
Assessment Year2025

About this property

3 lots for sale: 2008, 2010, and 2014 Gathright Cove, 78704 Walk to Radio Coffee, Easy Tiger, The Broken Spoke and ~3 miles to downtown Austin!Coolest zip code in Austin? Check. Cul-de-sac privacy? Check. Topography? Flat. This SF-6 zoned lot in 78704 is shovel ready (no demo needed) and one of the best values in the Austin urban core. Note: 2008 & 2010 Gathright Cove are also available as a package sale at $1,945,000 for all 3 lots ($648k per lot) (shovel ready plans for all 3 lots).

Investor Tools

Property Icon
$957,342
Estimated Property Value
$1,400,000Estimated Mortgage Balance
$0Estimated Equity
-46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,744 /month
Positive
Cash Flow Estimate:
$1,915 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,591/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,301
$957,342
2025
$319,410
$637,932
$957,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,301
$957,342

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Purchase Money Mortgage
$1,400,000
No
First
Apr 7, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,322,983
N/A
0%
138%
$8,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$8,394/mo
$-5,924/mo
3.1%

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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2008 Gathright Cv | Property Details | No Agent List