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$364,888

NAL Estimated Property Value

3307 Carol Ann Dr, Austin, TX, 78723

Off MarketInfo
Baths1,536 Sq Ft
price_per_sqft$285.81 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesSee Remarks
FlooringSee Remarks

Exterior

Exterior FeaturesNone
Lot Size15,516 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02212501090000
Lot Number42
SubdivisionWalnut Hills Sec 5
Land UseResidential
Legal DescriptionLOT 42 WALNUT HILLS SEC 5
Census Tract002113
Assessed Land Value$279,731
Assessed Improvement Value$85,157
Assessment Year2025

About this property

Duplex just listed in close-in East Austin just off Manor Rd. Situated just 5 minutes from Mueller and 10 mins from Downtown to the south or the Domain and Q2 Stadium to the north, this is a super well-located duplex on an oversized lot. Unit A is being listed vacant for a possible owner-occupant or house hack option. Unit B is a Long term tenant who has lived there 8 years and whose lease expires or renews July 31st. Each unit is a 2 bed, 1 bath single-level unit and each has a private, fenced backyard. While most of the property value resides in the land value and future development opportunity, this is a rare opportunity for an investor or owner-occupier with a long-range vision or someone who wants to update the units further and have positive cash flow. Only showing unit A at this time, and unit B may be shown with an acceptable contract.

Investor Tools

Property Icon
$364,888
Estimated Property Value
$0Estimated Mortgage Balance
$364,888Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,165
$364,888
2025
$279,731
$85,157
$364,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,165
$364,888

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,888
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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3307 Carol Ann Dr | Property Details | No Agent List