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$590,000

8502 Millway Dr, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,446 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.24 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size10,285 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02430506030000
Lot Number25
SubdivisionAllandale Estates Sec 1
Land UseResidential
Legal DescriptionLOT 25 BLK B ALLANDALE ESTATES SEC 1
Census Tract040400
Assessed Land Value$307,826
Assessed Improvement Value$211,768
Assessment Year2025

About this property

Well maintained one story home conveniently located in Allandale Estates. Quiet neighborhood close to downtown, Domain, new Apple site and major thoroughfares. This 3 bed, 2 bath home has an open floor plan. Living room has vaulted ceiling, fireplace & opens to an amazing large covered outdoor living space. Dining room with bay window. Efficient kitchen with newer appliances. Recent windows & roof. Lots of storage. 2 car garage & storage shed in backyard. Welcome home!Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$590,000
Estimated Property Value
$343,000Estimated Mortgage Balance
$281,581Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$806/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,717
$469,998
2025
$307,826
$211,768
$519,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,717
$469,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$343,000
No
First
Feb 25, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,027
$247,973
44%
52%
$2,057/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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8502 Millway Dr | Property Details | No Agent List