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$365,000

8200 Neely Dr Apt 229, Austin, TX, 78759

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,203 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$303.41 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size6,251 sqft

Building Information

Year Built1982
Stories1

Land Information

APN01470303730080
Lot Number227
SubdivisionNeelys Canyon Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 229 BLD E NEELYS CANYON CONDOMINIUMS AMENDED PLUS 0.898% INT IN COMMON AREA
Census Tract030100
Assessed Land Value$500
Assessed Improvement Value$388,398
Assessment Year2025

About this property

This remodeled condo in Neely’s Canyon has the unique advantage of street-level access, it is not a garden sub-level unit. Elevated above the tree canopies, this home maximizes natural light & breathtaking views. Developed by architect Larry Peel, this gem sits inside a rock canyon & enveloped by trees. Positioned on a corner lot with 2 levels, this condo offers panoramic views from its perch high on a hilltop near the edge of an 18-acre canyonland preserve. Enjoy stunning vistas from the expansive private terrace, perfect for entertaining, yoga, or quiet reflection. The community features 2 swimming pools nestled into the canyon, both visible from your balcony. Enjoy incredible sunsets! The terrace is situated inset into the building for optimum privacy & quiet serenity. There is also a neighborhood clubhouse for owner’s to use. Inside, you’ll find tall ceilings & hardwood floors. The living room showcases a modern marble fireplace. The kitchen has recent appliances with a charming farm sink & a large walk-in pantry. Storage is plentiful, including a walk-in closet under the stairs. The wood floors continue to the downstairs Primary Suite where you’ll find a dual vanity bathroom & sizable closet. Floating stairs lead to a second bedroom & adjoining bathroom with a Texas sized closet. Both bedrooms offer flexible options to serve as the primary suite depending on your needs. Neely’s Canyon enjoys a prime northwest hills location, surrounded by valuable real estate, with convenient entrances off both Steck Ave & Spicewood Springs. Convenient 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/composting services, & pest control. The HOA also manages the pools, exterior maintenance & landscaping. Enjoy the security of a covered carport space & included structure insurance. Plenty of guest parking near the condo.

Investor Tools

$0Estimated Mortgage Balance
$388,898Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,333 /month
Positive
Cash Flow Estimate:
$778 /month

Interested in this property?

Dylan Everett

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
$613/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,070
$388,898
2025
$500
$388,398
$388,898
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,070
$388,898

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$388,898
100%
0%
$0/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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