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$253,139

NAL Estimated Property Value

7002 Colony Park Dr, Austin, TX, 78724

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.31 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Gas Cooktop
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,061 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02193312050000
Lot Number11
SubdivisionColony Park Sec 1 Phs 2
Land UseResidential
Legal DescriptionLOT 11 BLK G COLONY PARK SEC 1 PHS 2
Census Tract002222
Assessed Land Value$77,578
Assessed Improvement Value$175,561
Assessment Year2025

About this property

INVESTOR SPECIAL!!! This 3 bed 1.5 bath 1036 sq ft home will not last. This home is ready for its makeover. This home is sold as is, roof was replaced 8years ago and solar panels are less than a year old. Bring all offers, preferably cash. Buyer is responsible for verifying all details, including but not limited to schools and property features.

Investor Tools

Property Icon
$253,139
Estimated Property Value
$23,382Estimated Mortgage Balance
$230,091Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,519 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,349
$253,139
2025
$77,578
$175,561
$253,139
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,349
$253,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Portfolio Services Inc
Fha
$86,317
Yes
First
Jul 31, 2001
Aug 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,382
$229,757
90%
9%
$0/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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7002 Colony Park Dr | Property Details | No Agent List