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$371,876

8200 Neely DR 245, Austin, TX, 78759

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,220 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$368.85 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2

Exterior

Lot Size6,321 sqft

Building Information

Year Built1982
Stories1

Land Information

APN01470303730100
Lot Number235
SubdivisionNeelys Canyon Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 245 BLD H NEELYS CANYON CONDOMINIUMS AMENDED PLUS 0.910% INT IN COMMON AREA
Census Tract030100
Assessed Land Value$506
Assessed Improvement Value$371,370
Assessment Year2025

About this property

Meticulously maintained condo in a quiet and conveniently located area of Central Austin. Nestled adjacent to the Neely's Canyon greenbelt, the property is surrounded by native oaks and walnut trees. Lots of recent updates with fresh paint throughout, new dishwasher and stove/oven range in the kitchen, new carpet in bedrooms, updated fixtures and ceiling fans. The spacious floor plan lives large and the living room has cathedral high ceilings bringing in tons of natural light from the outside. The kitchen and breakfast area are the perfect size and there's plenty of room for everyone. The primary bedroom upstairs, a beautiful, open loft-style space with a view to the west, has a large en-suite bathroom with a double vanity, shower/tub combo and a walk-in closet. The outdoor patio is huge, private and open to the forest in the back of the complex which is great for a yoga spot, meditation or an extended living room. One reserved covered parking space comes with the unit, with room for a second vehicle in one of the open spaces right in front of the unit. Additional guest parking can be found throughout the property. Amenities include access to the community pools, clubhouse, and a game room. Located off Spicewood Springs Road with a grocery store, pharmacy and shops just a short walk away, this is all about location location location!!

Investor Tools

Property Icon
$371,876
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,445
$371,876
2025
$506
$371,370
$371,876
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,445
$371,876

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pr Mortgage Inc
Conventional
$446,500
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,576
N/A
0%
111%
$2,677/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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