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$425,220

NAL Estimated Property Value

7211 Lakewood DR K135, Austin, TX, 78750

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,474 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$322.25 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringMarble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,334 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN01451110130034
Lot Number129
SubdivisionLakewood Condominiums Amendedthe
Land UseTownhomes
Legal DescriptionUNT 135 BLD K LAKEWOOD CONDOMINIUMS AMENDEDTHE PLUS 2.0520% INTEREST IN COMMON AREA
Census Tract030500
Assessed Land Value$50,653
Assessed Improvement Value$374,567
Assessment Year2025

About this property

Experience this gorgeous contemporary open concept townhome + 2-car garage with spacious flowing floor plan. Perfect for entertaining indoors and out with a private greenbelt view. ~ Both en suite bedrooms downstairs have spa baths wrapped in carrara marble & hand-made tile with custom closet organization systems. The kitchen has been completely refinished with custom cabinets, recessed lights, marble floors and stainless appliances. The flooring throughout alternates between elegant marble in wet areas & durable, stylish laminate wood floors in living spaces. ~ The home's mechanical systems, energy-efficient HVAC and water heater, were replaced in 2024, lowering utility costs. 7211 Lakewood is in walking distance to the newly renovated community center with all the amenities you could desire: resurfaced pool (May 2025), tennis courts, basketball courts, and playground. ~ Just down the hill from Jester Estates shops, with dining options including Catrina's Tex-Mex and local favorite Russell's Bakery, daycare and professional offices. Directly across 360 / Capital of Texas Highway are Waterloo Ice House and Siena Tuscan grill. ~ The location backing to a greenspace provides natural privacy and permanent unobstructed views and guarantee of no development behind. The yard area has been completely reimagined with tiled patio, artificial turf and gated fence to access the greenbelt. ~ New laundry room flooring, shelves & cabinetry have been added for additional storage. This home is move-in ready, thoughtfully updated with attention to detail and quality finishes.

Investor Tools

Property Icon
$425,220
Estimated Property Value
$359,756Estimated Mortgage Balance
$65,464Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,130
$425,220
2025
$50,653
$374,567
$425,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,130
$425,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$364,000
No
First
Aug 27, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,756
$65,464
15%
85%
$2,183/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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7211 Lakewood DR K135 | Property Details | No Agent List