Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Days29Days on Market
Views1view

$589,000

2205 Monarch Dr, Austin, TX, 78748

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,772 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$332.39 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Dryer, Gas Range, Microwave, Wine Refrigerator, Washer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size13,691 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04282105040000
Lot Number4
SubdivisionCastlewood Forest Sec 5
Land UseResidential
Legal DescriptionLOT 4 BLK E CASTLEWOOD FOREST SEC 5
Census Tract031800
Assessed Land Value$224,059
Assessed Improvement Value$263,842
Assessment Year2025

About this property

Completely updated in 2021, this 3 bedroom, 2 bath single-story home in Castlewood Forest is truly one of a kind. Soaring vaulted ceilings extend through every major living space, the primary suite, and both secondary bedrooms, an architectural feature rarely found at this price point that creates a sense of openness and light throughout the entire home, not just the main living area. The primary suite is a true retreat, offering abundant natural light, all beneath those same soaring vaulted ceilings. The secondary bedrooms feature custom built-in lofts, adding versatile bonus space you won't find in a typical floor plan. Use them for extra storage, a play area, a reading nook, or a creative hideaway, the possibilities are endless. Major systems have been replaced, including a new HVAC system (7/2021), a new roof (12/2021), and a tankless water heater (3/2022). The chef's kitchen showcases quartz countertops, custom cabinetry, a designer arabesque tile backsplash, a gas range, built-in oven, and a wine fridge. Both bathrooms have been fully renovated, including a spa-like primary suite bath with a double vanity, backlit mirrors, and a frameless glass shower. Set on a 0.314-acre lot with mature shade trees, the private backyard includes a spacious patio and a versatile two-room outbuilding with a small bonus room and separate storage space.

Investor Tools

$213,238Estimated Mortgage Balance
$372,762Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Stacy Zellner

Let's Move Austin LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$897/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,836
$487,901
2025
$224,059
$263,842
$487,901
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,836
$487,901

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$241,500
No
First
Jul 1, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,238
$372,762
63%
36%
$1,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,448/mo
+$782/mo
4.6%

Learn About the Market: Opportunity in Austin

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2205 Monarch Dr | Property Details | No Agent List