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$588,000

3608 Clary Way, Austin, TX, 78723

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$494.23 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Free-Standing Gas Range, Washer
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,001 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02131705140000
Lot Number3A
SubdivisionE M Franklin Subd 2nd Resub
Land UseResidential
Legal DescriptionLOT 3A BLK A E M FRANKLIN SUBD 2ND RESUB
Census Tract002107
Assessed Land Value$200,009
Assessed Improvement Value$368,487
Assessment Year2025

About this property

Modern and inviting 2 bed home less than three miles to downtown and minutes from Mueller Central, The Thinkery and Austin's best Farmer's Market. This 5 Star Austin Energy Green Building home was built in 2017 and includes high end finishes throughout. The open floor plan is perfect for entertaining with two outside seating areas. Large windows create abundant natural light and an airy feel to the entire home. A 3.1 KW solar system, spray foam insulation and tankless water heater = low utility bills. Fenced in backyard and gorgeous front landscaping is maintained by HOA.

Investor Tools

Property Icon
$588,000
Estimated Property Value
$412,736Estimated Mortgage Balance
$213,245Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,020/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,297
$568,496
2025
$200,009
$368,487
$568,496
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,297
$568,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$412,736
No
First
Jul 19, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$375,474
$222,526
37%
64%
$2,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,475/mo
$-849/mo
3.3%

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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3608 Clary Way | Property Details | No Agent List