B+

NoAgentList RatingHow are grades calculated?

7view

Owner Contacts

$766,000

NAL Estimated Property Value

3505 Malone Dr, Austin, TX, 78749

Off Market

5 Beds

2 Bath

3,632 Sq Ft

Single Family Residence

$218.89 / sqft

Built in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Electric Range, Exhaust Fan, Plumbed For Ice Maker, Free-Standing Electric Range, Water Heater

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Exterior FeaturesPrivate Yard

Lot Size14,593 sqft

Building Information

Year Built1996

Stories2

Roof Type105

Garage Spaces2

Land Information

APN04263009040000

Lot Number22

SubdivisionOak Creek Parke Sec 5

Land UseResidential

Legal DescriptionLOT 22 BLK A OAK CREEK PARKE SEC 5

Census Tract031300

Assessed Land Value$250,000

Assessed Improvement Value$507,092

Assessment Year2025

About this property

Located in the highly sought-after Oak Creek Parke neighborhood, this beautiful home boasts many upgrades. Features include an open floor plan, three living spaces, four full baths, huge walk-in closets in all bedrooms, and a separate HVAC vented workshop/office in the three-car garage. Recent upgrades include fresh interior paint, new flooring & lighting in the baths, and recent roof & HVACs. The home has no neighbors on one side and the huge open lot next door is owned and maintained by the HOA. Google Fiber is available. The community is surrounded by green space and is within walking distance to Bowie high school and only minutes to Downtown & Zilker Park.

Investor Tools

$766,000

Estimated Property Value

$538,228Estimated Mortgage Balance

$229,773Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,770 /month

Positive

Cash Flow Estimate:

$1,590 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,378/month

$44/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,702

$757,092

2025

$250,000

$507,092

$757,092

Tax History

Year

Tax Paid

Assessed Value

2024

$12,702

$757,092

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$585,000

First

Dec 9, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$538,228

$218,864

28%

70%

$3,508/mo

Learn About the Market: Opportunity in Austin

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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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