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$299,000

3845 Ranch Road 2222 33, Austin, TX, 78731

Under ContractInfo
Beds2 Beds
Baths3 Bath
Baths1,167 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$256.21 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator, Washer/Dryer, Electric Water Heater
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,101 sqft

Building Information

Year Built1984
Stories3
Roof Type105
Garage Spaces2

Land Information

APN0133040811
Lot Number1
SubdivisionTerraces The
Land UseTownhomes
Legal DescriptionUNT 1 BLD I TERRACES THE PLUS 2.5% INT IN COMMON AREA
Census Tract000102
Assessed Land Value$76,513
Assessed Improvement Value$244,611
Assessment Year2025

About this property

Stop throwing money away on rent and start building equity in the heart of North Central Austin. This spacious 1,167 SF condo is the ultimate upgrade for someone tired of apartment living, offering the privacy of a home with an "easy living" lifestyle. Unlike other options nearby, this home is completely move-in ready—with the recessed lighting, no popcorn ceilings, and stainless steel refrigerator, washer, and dryer all included. You can skip the contractors and appliance shopping and start living on day one.The open-concept living area is flooded with natural light, featuring sliding glass doors that lead out to your own private balcony—perfect for morning coffee or an evening wind-down. At the heart of the home is a sleek, updated kitchen boasting quartz countertops and a full suite of stainless steel appliances, including the refrigerator. With a rare two-car garage (plus extra storage!) and a separate laundry room equipped with a washer and dryer, you’ll finally have the space and convenience that typical rentals lack. Upstairs, the dual-suite layout offers two large bedrooms and two full bathrooms, providing maximum privacy for a guest room or a home office. Life here extends beyond your front door; you’re joining a friendly community where neighbors are always out walking dogs or lounging by the sparkling pool on warm days. The location is unbeatable for both work and play, sitting just 6 miles from Downtown and 7 miles from The Domain. Even better, local favorites like Yamas and Chez Zee are just three minutes away, putting the best of Austin’s dining scene right at your fingertips.

Investor Tools

Property Icon
$321,124
Estimated Property Value
$0Estimated Mortgage Balance
$32,895Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,927 /month
Positive
Cash Flow Estimate:
$642 /month

Interested in this property?

Christine Moore

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$321,124
2025
$76,513
$244,611
$321,124
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$321,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$294,750
No
First
Feb 7, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,229
$32,895
10%
90%
$1,768/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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3845 Ranch Road 2222 33 | Property Details | No Agent List