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$591,000

7709 Forest Wood Rd, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.97 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size24,746 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04241303180000
Lot Number8
SubdivisionElmwood Estates
Land UseResidential
Legal DescriptionLOT 8 BLK D ELMWOOD ESTATES
Census Tract002424
Assessed Land Value$388,417
Assessed Improvement Value$155,046
Assessment Year2025

About this property

You don't want to miss this great home in S. Austin! Located minutes from Manchaca Rd with easy access to Mopac and I35 and sitting on a .568 acre, tree covered lot. This home has great bones and would be a fantastic fix and flip or design it to your liking to live in. Featuring a bright and open living room with a brick fireplace and a spacious kitchen/dining room with a ton of space for cabinets, 3 good-sized bedrooms and 2 full baths. The large, covered back patio looks out into the private backyard.Restrictions: Yes

Investor Tools

Property Icon
$591,000
Estimated Property Value
$510,200Estimated Mortgage Balance
$134,967Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,546 /month
Positive
Cash Flow Estimate:
$1,182 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,044/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,576
$543,463
2025
$388,417
$155,046
$543,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,576
$543,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Conventional
$510,200
No
First
Nov 4, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,855
$124,145
21%
77%
$3,059/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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7709 Forest Wood Rd | Property Details | No Agent List