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$320,000

7120 Tonka Ln, Austin, TX, 78744

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.78 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Free-Standing Range, Stainless Steel Appliance(s)
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size4,400 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APN03181807390000
Lot Number39
SubdivisionColorado Crossing Iv Sec 9
Land UseResidential
Legal DescriptionLOT 39 BLK N COLORADO CROSSING IV SEC 9
Census Tract002448
Assessed Land Value$78,800
Assessed Improvement Value$221,879
Assessment Year2025

About this property

This single-level, 3-bedroom, 2-bath home sits in a Southeast Austin neighborhood where location, layout, and long-term upside all line up, whether you’re buying to live in it, rent it out, or do a little of both. Built in 2020, it still feels fresh, with modern finishes, eco-friendly touches, and a layout that makes sense. Out back, there are no rear neighbors, just a greenbelt buffer that adds privacy and a little breathing room you don’t always get this close to the city. Inside, LVP plank floors and a mix of natural and recessed lighting give an easy, open vibe throughout the open concept living space. The kitchen anchors the home and flows right into the living and dining areas, making it simple to host friends, keep an eye on everything, or simply enjoy everyday life without feeling disconnected. The primary suite has its own ensuite bath and a generous walk-in closet, while two additional bedrooms flex easily as guest space, home office, or whatever your current stage of life calls for. A two-car garage and solar panels add everyday convenience and long-term efficiency. And the lifestyle outside the front door is a big part of the appeal, you can walk to the neighborhood pool, park, playground, and trails, which is a huge plus for residents or potential tenants. Step beyond the community and you’re minutes from McKinney Falls State Park’s 640 acres of trails, fishing spots, and camping, plus the MetCenter Disc Golf Course for easy outdoor escapes. Location-wise, it’s hard to beat; quick access to 71, 183, and I-35 keeps commutes easy, major employers like Amazon, OriGen, and the Tesla Gigafactory are nearby, the airport is under 10 minutes away, and downtown Austin is less than 10 miles out. All of that adds up to a home that’s not just easy to enjoy, but also easy to justify as a smart investment in one of Austin’s most connected, growth-driven areas. Buyer to verify all info.

Investor Tools

$0Estimated Mortgage Balance
$317,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Yusuf Johnson

CTX Listings, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$560/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,688
$300,679
2025
$78,800
$221,879
$300,679
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,688
$300,679

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$327,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$560/mo
+$1,528/mo
7.9%

City: Austin

7120 Tonka Ln | Property Details | No Agent List