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$407,000

3002 Loyola Ln, Austin, TX, 78723

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,248 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$360.58 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Lot Size7,680 sqft

Building Information

Year Built1962
Stories1
Roof Type105

Land Information

APN02242403250000
Lot Number14
SubdivisionUniversity Hills Sec 3 Phs 2
Land UseResidential
Legal DescriptionLOT 14 BLK 6 UNIVERSITY HILLS SEC 3 PHS 2
Census Tract002113
Assessed Land Value$252,118
Assessed Improvement Value$118,763
Assessment Year2025

About this property

Lovely one story in the heart of University Hills on a tree filled lot close to Dottie Jordan Neighborhood pool and park! Recently updated 3 BR, 2 BA (see docs) with large backyard perfect for gardening and entertaining. Open concept floorplan filled with light from new Milgard Windows and French doors looking out to the backyard and koi pond. Great kitchen with all new SS GE appliances, beautiful island, custom industrial epoxy resin countertops and ceiling mounted vent hood, new kitchen lower cabinets with pantry and farm house sink. Updated bathroom marble top vanity and 36" wide soaking tub to relax in. Updated water heater, electrical panel and recessed lighting with dimmers. Completely updated board-and-batten cement board siding added, exterior sconces and outlets. A gas line was routed for a future FIREPLACE in living room. Wired for ADT, AT&T U-verse and Google Fiber. Seller excludes decorative landscaping bricks on the property, Seller is requesting a 30 Day Lease Back. Close to HEB, Tesla, UT Campus, Mueller, 20 min to Downtown Austin, quick access to I-35, 290, 183, 130 Tollway.

Investor Tools

Property Icon
$407,000
Estimated Property Value
$281,750Estimated Mortgage Balance
$136,256Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,460
$370,881
2025
$252,118
$118,763
$370,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,460
$370,881

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dmd Financial Corp
Conventional
$281,750
No
First
Mar 20, 2024
Apr 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,185
$126,815
31%
67%
$1,690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,690/mo
+$398/mo
6.2%

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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3002 Loyola Ln | Property Details | No Agent List