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$2,157,000

NAL Estimated Property Value

7224 Oak Shores Dr, Austin, TX, 78730

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,631 Sq Ft
price_per_sqft$448.07 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Range, Built In Oven, Built In Refrigerator, Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Built In Freezer, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Stainless Steel Appliances, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Ramp, Electric Grill, Exterior Steps, Garden, Lighting, Outdoor Grill, Private Entrance, Private Yard, Rain Gutters, Uncovered Courtyard
Lot Size22,642 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01332101100000
Lot Number8
SubdivisionGreenshores On Lake Austin Phs 1
Land UseResidential
Legal DescriptionLOT 8 BLK 1 GREENSHORES ON LAKE AUSTIN PHS 1
Census Tract032900
Assessed Land Value$750,000
Assessed Improvement Value$983,756
Assessment Year2025

About this property

Located in prestigious "Greenshores On Lake Austin", one of Austin’s premier lakeside communities*Gated, members-only community park with lake access, boat ramp and day docks*Enjoy a sun deck, sand volleyball court, playscape and picnic tables*Minutes to Emma Long Metropolitan Park for biking and hiking*Conveniently located near popular Ski Shores Cafe on Lake Austin*Gorgeous, custom-built home, with a new roof as of Jan 2024, sits on an expansive .5 AC, gated cul-de-sac lot*Hill country view from your backyard*Expansive, sparkling heated pool, built by current owners, excellent for swimming laps*Fantastic outdoor living area*Covered patio with fans and outdoor kitchen invites you to relax*Great Room, with vaulted, beamed ceiling, is airy and inviting*Cozy gas fireplace and built-in storage cabinets*Incredible, vaulted Primary Suite with two walk-in closets, spa-like Primary Bath, plus another bedroom with en suite bath, are smartly located on the main level and both are tucked away for privacy*Gourmet kitchen is equipped with granite counters, 6-burner cooktop, warming drawer, prep-sink in oversized kitchen island, walk-in pantry plus a secondary pantry*Current owners replaced the microwave, dishwasher, wall oven and built-in refrigerator/freezer*Casual dining area plus a formal dining room with wood floor replaced by current owners*Always desirable Mud Room plus a wonderful separate Utility Room with sink, large storage closet and loads of storage cabinets*All cabinets throughout the home are furniture grade*Doors are 9' solid core*Cased windows*Upstairs spacious Media/Game Room*Three more secondary bedrooms, all with roomy closets*One with vaulted ceiling has en suite bath*Other secondary upstairs bath has comfort height vanity and large linen closet*Upstairs bathrooms have skylights*The two-car garage is attached to the home and an enviable secondary garage for a 3rd car is detached*Stunning, lovingly maintained home is immaculate and completely move-in ready.

Investor Tools

Property Icon
$2,157,000
Estimated Property Value
$1,506,363Estimated Mortgage Balance
$653,063Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,942 /month
Positive
Cash Flow Estimate:
$4,314 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,664/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,186
$1,733,756
2025
$750,000
$983,756
$1,733,756
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,186
$1,733,756

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bmo Bank Na
Conventional
$1,560,000
No
First
May 23, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,506,363
$609,637
28%
70%
$9,353/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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7224 Oak Shores Dr | Property Details | No Agent List