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$925,000

NAL Estimated Property Value

7220 Fabion Dr, Austin, TX, 78759

SoldInfo
8/21/26
Beds3 Beds
Baths2 Bath
Baths2,804 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.1 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt In Gas Oven, Built In Refrigerator, Dryer, Dishwasher, Energy Star Qualified Appliances, Gas Cooktop, Disposal, Gas Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard

Building Information

Garage Spaces2

About this property

The first single-story home to come on the market in the Great Hills neighborhood feeding to Laurel Mountain Elementary since October 2023. Offered for the first time in 26 years, this original-owner home presents a rare opportunity to own a true single-story in Great Hills, zoned to Laurel Mountain Elementary, Canyon Vista Middle School, and Westwood High School. Built in 2000 and meticulously maintained, this 2,804-square-foot home combines the mature trees and rolling terrain that define Great Hills with the open floor plan, high ceilings, and expansive windows today's buyers appreciate. The thoughtfully designed layout features three bedrooms plus a spacious flex room originally designed by the builder as the fourth bedroom. During construction, the owners enlarged the adjacent bedroom closet, leaving the flex room without a closet. The original builder floor plan is available, and the room can be converted back to a legal fourth bedroom by restoring the closet. Fresh interior paint, new carpet, a recently replaced HVAC system, a roof replaced approximately two years ago, a recent water heater, and thoughtful updates make the home move-in ready while preserving its timeless character. Backing to a wooded greenbelt and within walking distance of Laurel Mountain Elementary, the home offers exceptional privacy with a spacious two-level deck for outdoor living. Conveniently located just minutes from The Domain, The Arboretum, Apple, Dell, shopping, dining, and major employers. Buyers can find a single-story home. They can find a home in Great Hills. They can find a home feeding to Laurel Mountain Elementary. What they rarely find is all three together.

Investor Tools

Property Icon
$925,000
Estimated Property Value
$0Estimated Mortgage Balance
$891,464Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,604 /month
Positive
Cash Flow Estimate:
$1,868 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,411/month
$224/month
5.947%

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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7220 Fabion Dr | Property Details | No Agent List