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$507,807

NAL Estimated Property Value

3003 Ray Wood Dr, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$334.36 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Oven
FlooringBamboo, Stone

Exterior

Private PoolPrivate Pool
Lot Size3,437 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04050637020000
Subdivision3003 Ray Wood Condominiums
Land UseResidential
Legal DescriptionUNIT 1 3003 RAY WOOD CONDOMINIUMS 46%INT IN COMMON AREA
Census Tract001307
Assessed Land Value$172,500
Assessed Improvement Value$335,307
Assessment Year2025

About this property

Cute 1-story located in a close-in south Austin neighborhood. This updated bungalow with separate studio/workshop is minutes from downtown, South Congress and South Lamar. Hard surface flooring throughout this efficient and open floor plan. Recent improvements include new HVAC evaporator coil, kitchen update, fresh paint, extensive landscaping and more. Large fenced yard is perfect for kids, pets and entertaining.

Investor Tools

Property Icon
$507,807
Estimated Property Value
$0Estimated Mortgage Balance
$507,807Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,047 /month
Positive
Cash Flow Estimate:
$1,016 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,158
$507,807
2025
$172,500
$335,307
$507,807
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,158
$507,807

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$507,807
100%
0%
$0/mo

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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3003 Ray Wood Dr | Property Details | No Agent List