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$862,000

NAL Estimated Property Value

3814 Southway DR C, Austin, TX, 78704

Off MarketInfo
Beds8 Beds
Baths6 Bath
Baths1,007 Sq Ft
price_per_sqft$372.39 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyAuctionPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 6Bathrooms Full 6
HeatingHeating
CoolingCooling
AppliancesNone
FlooringVinyl

Exterior

Exterior FeaturesNone
Lot Size8,777 sqft

Building Information

Year Built1971
Stories2
Roof Type183

Land Information

APN04070701070000
Lot Number6A
SubdivisionSouthridge Sec 2
Land UseResidential
Legal DescriptionLOT 6A RESUB OF LOT 5-6 BLK C SOUTHRIDGE SEC 2
Census Tract002006
Assessed Land Value$360,922
Assessed Improvement Value$380,812
Assessment Year2025

About this property

Modern design meets prime Austin location in Unit C at 3814 Southway Dr. This extensively renovated 2-bedroom, 1.5-bath residence has been rebuilt down to the studs with virtually every major component replaced, creating a turnkey opportunity in one of Austin’s most sought-after neighborhoods. The home features all-new systems including roof, HVAC, plumbing, electrical, insulation, and custom cabinetry, offering peace of mind and low future maintenance. Inside, the open-concept floorplan is complemented by stylish finishes, modern fixtures, updated kitchen and baths, and flexible living spaces designed for today’s lifestyle. Located in the highly desirable 78704 corridor near South Lamar, Downtown Austin, Zilker Park, and Barton Springs, Unit C offers excellent accessibility and strong appeal for both homeowners and investors. The layout and location also create attractive short-term and furnished rental possibilities, subject to buyer verification. Estimated completion June 2025.

Investor Tools

Property Icon
$862,000
Estimated Property Value
$1,616,268Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,172 /month
Positive
Cash Flow Estimate:
$1,724 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,643
$741,734
2025
$360,922
$380,812
$741,734
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,643
$741,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Finance Sub Reit Llc
Unknown
$843,750
No
First
Jan 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,616,268
N/A
0%
188%
$10,118/mo

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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3814 Southway DR C | Property Details | No Agent List