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$375,000

8200 Neely DR 154, Austin, TX, 78759

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,144 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$327.8 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Free-Standing Electric Oven, Plumbed For Ice Maker, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Electric Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,902 sqft

Building Information

Year Built1982
Stories1

Land Information

APN01470303730117
Lot Number211
SubdivisionNeelys Canyon Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 154 BLD J NEELYS CANYON CONDOMINIUMS AMENDED PLUS 0.854% INT IN COMMON AREA
Census Tract030100
Assessed Land Value$472
Assessed Improvement Value$372,108
Assessment Year2025

About this property

Must see charming condo in Neely Canyon with special views & a wonderful single-level floorplan. Perfectly situated with a completely private outdoor terrace boasting beautiful nature views. The trees are set back from the terrace in a way that provides shaded privacy from neighbors while not crowding the space, allowing the light in. The serene view is from every direction, not a neighbor in sight & only one shared kitchen wall. Neely’s Canyon was developed by architect Larry Peel who positioned the development inside a rock canyon sitting on the edge of an 18-acre preserve. The community features 2 swimming pools. Inside this condo you’ll find a light & airy living room with a focus on the fireplace with direct view of the outdoor terrace & trees. A convenient screen door allows fresh air to the indoors & the serene sound of bustling tree leaves. The open kitchen has 2024 new appliances & multiple windows that take in the views. Bedrooms are tucked away down a hall. You’ll love that there is high quality new wood laminate flooring & no carpet anywhere! The laundry closet accommodates full size appliances with multiple shelves. The condo has a 2024 new heat pump HVAC system that has superior energy efficiency. The primary bedroom has windows on multiple walls that allow light in from different directions. You’ll love the size of the closet. Neely’s Canyon enjoys a prime northwest hills location, surrounded by valuable real estate, with convenient entrances off both Steck Ave & Spicewood Springs. Close to Apple, Dell, DT Austin. Just a short drive away are the Arboretum & upscale offerings at the Domain. Experience carefree living with HOA dues that cover water, sewer, trash/recycling, & pest control. The HOA also manages the pools, exterior maintenance & landscaping. Enjoy the security of a covered carport space & included structure insurance. Google Fiber project underway in the neighborhood with expected service availability Nov 2026.

Investor Tools

$332,856Estimated Mortgage Balance
$39,724Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Dylan Everett

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$562/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,050
$372,580
2025
$472
$372,108
$372,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,050
$372,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$364,500
No
First
Oct 8, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,856
$39,724
10%
89%
$2,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$2,748/mo
$-958/mo
5.8%

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.

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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8200 Neely DR 154 | Property Details | No Agent List