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1view

$696,000

5203 Dry Wells Rd, Austin, TX, 78749

Off Market

3 Beds

2 Bath

2,014 Sq Ft

Single Family Residence

$357.5 / sqft

Built in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2.5

Indoor Fireplace

Garage Available

Heating

Cooling

Exterior

Lot Size9,714 sqft

Building Information

Year Built1986

Stories2

Roof Type105

Garage Spaces2

Land Information

APN04123011100000

Lot Number7

SubdivisionSmiths J W Western Oaks Ii-A

Land UseResidential

Legal DescriptionLOT 7 BLK F SMITHS J W WESTERN OAKS II-A

Census Tract031200

Assessed Land Value$259,032

Assessed Improvement Value$321,431

Assessment Year2025

About this property

Welcome home to 5203 Dry Wells Rd. This gorgeous 3bd/2ba home is located within the highly desired neighborhood of Western oaks. Beautiful open living room boasts high ceilings, lots of natural light, and a wood burning fireplace. The large kitchen features plenty of cabinet space with stainless steel appliances and dining area. Primary bedroom on main floor with ensuite bathroom that includes a dual vanity, walk in shower, and separate bathtub. Other bedrooms located upstairs along with large open loft area that could be used as an office or gameroom. Enjoy the huge fenced backyard with sunshade over the patio. Located within walking distance to arbor trails (Torchy’s, Costco, Chuy’s, Lil Doddy, Whole Foods, etc.) and Violet Crown Trail. Easy access to Mopac and 290/71! The neighborhood offers 3 tennis courts, 1 basketball court, new playground and pool that is open year.

Investor Tools

$696,000

Estimated Property Value

$545,000Estimated Mortgage Balance

$203,061Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,320 /month

Positive

Cash Flow Estimate:

$1,440 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,110/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,835

$580,463

2025

$259,032

$321,431

$580,463

Tax History

Year

Tax Paid

Assessed Value

2024

$9,835

$580,463

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

Conventional

$545,000

First

May 17, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$493,895

$165,105

25%

71%

$3,268/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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