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$850,000

4602 Parkwood Rd, Austin, TX, 78722

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.6 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Range
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size12,728 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN02191205310000
Lot Number22,21
SubdivisionDelwood Sec 2
Land UseResidential
Legal DescriptionLOT 22 & S 45FT OF LOT 21 BLK I DELWOOD SEC 2
Census Tract000307
Assessed Land Value$391,953
Assessed Improvement Value$282,874
Assessment Year2025

About this property

You don’t want to miss this rare opportunity to lease a wonderful one-story, single-family home on a huge .29 +/- acre lot in Wilshire Woods. These properties are not available for lease often, the highly-desirable residential enclave is just minutes away from UT campus, within walking distance of Mueller and all of the parks, shops & restaurants, & one of Austin’s best Farmer’s Market. Featuring 3 bedrooms and 2 full baths, the primary bedroom shows off skylights, and the large fully-fenced backyard is just perfect for dog owners and entertainer’s alike. Experience the convenience of living close to UT, Mueller, and downtown while still having the privacy of this quiet, residential neighborhood.

Investor Tools

Property Icon
$850,000
Estimated Property Value
$0Estimated Mortgage Balance
$850,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,852
$674,827
2025
$391,953
$282,874
$674,827
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,852
$674,827

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$905,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/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.

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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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