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$534,000

740 Waterfall Way, Austin, TX, 78753

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,794 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$246.96 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,403 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02522612570000
Lot Number53
SubdivisionSprings Of Walnut Creek Phs Iii The
Land UseResidential
Legal DescriptionLOT 53 BLK B SPRINGS OF WALNUT CREEK PHS III THE
Census Tract043700
Assessed Land Value$112,943
Assessed Improvement Value$403,926
Assessment Year2025

About this property

Beautifully maintained David Weekley home located in a quiet pocket neighborhood on a premium lot that backs to greenbelt and only shares one side with a neighbor. Home features 4 beds, 3.5 baths, with an additional office downstairs. Spacious kitchen and huge island that opens up to living and dining allow for great entertaining and get togethers. Large primary bedroom located on the main floor with double vanity, jacuzzi tub with tv, separate shower, and large walk-in closet. TONS of upgrades such as epoxied garage, zoysia drought-tolerant lawn, led bulbs/fixtures, enhanced garage lighting, Cat6 network connections, Ring home security, and more! Many smart home features also included with sale (Ring cameras, security system, doorbell, floodcams. Honeywell wi-fi touchscreen thermostats both upstairs and down, wireless Hunger Douglas shades in living room, August smart lock on front door, Wyze Sprinkler system controller, Chamberlain MyQ garage opener, etc.). Washer/dryer also convey. This home did not lose power, water, gas or internet during Snowpocalypse 2021! Home is conveniently located near lots of shopping, restaurants, groceries, and major companies like Dell, Samsung, IBM, 3M, Apple, and more. Only about 10-15 min to both Downtown and Domain with easy access to I-35. Come check this gem out!

Investor Tools

Property Icon
$534,000
Estimated Property Value
$528,000Estimated Mortgage Balance
$38,494Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,771
$516,869
2025
$112,943
$403,926
$516,869
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,771
$516,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Conventional
$528,000
No
First
Jan 10, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,372
$58,628
10%
93%
$3,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,166/mo
$-750/mo
5.4%

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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