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$559,000

NAL Estimated Property Value

2208 Village Way Dr, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,522 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.44 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size9,919 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04121310290000
Lot Number9
SubdivisionFairmont Park Sec 2
Land UseResidential
Legal DescriptionLOT 9 BLK E FAIRMONT PARK SEC 2
Census Tract030300
Assessed Land Value$312,674
Assessed Improvement Value$295,571
Assessment Year2025

About this property

Unique home in the heart of South Austin, surrounded by lush mature trees! The living, dining, and sitting areas all sit around the open kitchen area, partially enclosed by beautiful stonework. Entertaining is a breeze with easy access to each room, and tons of counter space. Off to the side, the flex area is bright and open, leading out to the large fenced-in backyard. You'll love the spacious bedrooms and amazing office complete with custom built-ins.Restrictions: Unknown

Investor Tools

Property Icon
$559,000
Estimated Property Value
$318,325Estimated Mortgage Balance
$241,976Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$878/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,742
$532,760
2025
$312,674
$295,571
$608,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,742
$532,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$358,300
No
First
Jun 10, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,325
$218,675
40%
57%
$2,149/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,149/mo
+$51/mo
4.7%

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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2208 Village Way Dr | Property Details | No Agent List