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$550,000

NAL Estimated Property Value

3207 Festus Dr, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,734 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.04 / sqft
Year BuiltBuilt in 1985

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
AppliancesElectric Cooktop, Microwave, Oven, Free-Standing Range, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,231 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04323005050000
Lot Number8
SubdivisionShady Hollow Sec 6 Phs A
Land UseResidential
Legal DescriptionLOT 8 BLK E SHADY HOLLOW SEC 6 PHS A
Census Tract037100
Assessed Land Value$204,925
Assessed Improvement Value$292,064
Assessment Year2025

About this property

Charming Shady Hollow Single Story with plenty of updates. Hand scrapped hard wood Floors, Roof was replaced in 2017, Kitchen open to family room features a breakfast bar, stainless appliances. This light, bright , and airy single story features a great backyard for entertaining- Large deck, fire pit area, large beautiful trees, easy maintenenace. This home is ready to go for a new family ! Come check it out! Low Tax rate , great neighborhood amenities, convenience to shopping and popular schools.Restrictions: Yes

Investor Tools

Property Icon
$550,000
Estimated Property Value
$307,213Estimated Mortgage Balance
$243,417Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
$228/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,268
$496,989
2025
$204,925
$292,064
$496,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,268
$496,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$346,500
No
First
Jun 30, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,213
$215,787
41%
56%
$2,078/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,306/mo
$-76/mo
4.9%

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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