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$294,500

7000 Shannon Dr, Austin, TX, 78724

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,321 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.94 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Disposal, Gas Water Heater, Microwave, Water Purifier Owned, Refrigerator
FlooringCarpet Free, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,329 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02193614140000
Lot Number18
SubdivisionColony Park Sec 1 Phs 4-A
Land UseResidential
Legal DescriptionLOT 18 BLK P COLONY PARK SEC 1 PHS 4-A
Census Tract002222
Assessed Land Value$76,664
Assessed Improvement Value$233,360
Assessment Year2025

About this property

Come see this lovingly remodeled home at 7000 Shannon Dr! This 3-bedroom, 2 full bath home has tile throughout (no carpet!) with a great open floor plan for the living / dining / kitchen area. The kitchen has granite counters, herringbone tile backsplash, dedicated Culligan water dispenser faucet and stainless-steel appliances. Some of the kitchen cabinets and shelves have been made with reclaimed wood, adding character and storage. Next to the kitchen is a dining area, framed by beautiful and functional built-in shelves along one wall. French doors lead out to a large side patio, great for entertaining with large cookouts. The spacious primary bedroom is at the rear of the home and features its own full bathroom and large walk-in closet. The primary bath has wood tile floors, and a luxuriously tiled walk-in shower with frosted shower doors. Ceiling fans adorn every bedroom in the home. The secondary bathroom has a great looking wood and ceramic vanity with a tiled shower surround that complements the vanity and flooring. Past the spacious side patio is a terraced backyard with 5 different levels with a variety of plantings, begging for a new garden or whatever efforts inspire your green thumb. Includes a large metal shed on it's own pier system. The home is a short drive from 183 / Ed Bluestein giving you quick access to downtown and the airport, or towards The Domain and points north. The home is a few short blocks away from the neighborhoods Turner Roberts Recreation Center and Colony Park Pool. All measurements are approximate and must be verified by the buyer.

Investor Tools

Property Icon
$226,828
Estimated Property Value
$0Estimated Mortgage Balance
$226,828Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,767 /month
Positive
Cash Flow Estimate:
$589 /month

Interested in this property?

Leon Connelly

JBGoodwin REALTORS NW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$163
$226,828
2025
$76,664
$233,360
$310,024
No

Tax History

Year
Tax Paid
Assessed Value
2024
$163
$226,828

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,828
100%
0%
$0/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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