35Days on Market

2view

$324,999

8505 Mayview Dr, Austin, TX, 78724

On Market

3 Beds

2 Bath

1,716 Sq Ft

Single Family Residence

$189.39 / sqft

Built in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating

Cooling

AppliancesDishwasher, Gas Range, Microwave

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesPrivate Yard

Lot Size8,655 sqft

Building Information

Year Built1976

Stories1

Roof Type105

Land Information

APN02194003070000

Lot Number7

SubdivisionColony Park Hills Ia

Land UseResidential

Legal DescriptionLOT 7 BLK 2 COLONY PARK HILLS IA

Census Tract002222

Assessed Land Value$77,003

Assessed Improvement Value$174,169

Assessment Year2025

About this property

This updated 3-bedroom, 2-bath home sits on a desirable corner lot with no HOA and offers incredible value in one of East Austin's fastest-growing areas. Featuring a beautiful Texas limestone exterior, mature trees, a spacious backyard, and an attached garage with potential to be converted into a bonus room, home office, or additional living space (buyer to verify). Conveniently located just minutes from Downtown Austin, Tesla, Austin-Bergstrom International Airport, Mueller, shopping, dining, and major highways including US-183, SH-130, and I-35. Don't miss this opportunity to make it your own!

Investor Tools

$374,000

Estimated Property Value

$114,000Estimated Mortgage Balance

$279,915Estimated Equity

70% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,244 /month

Positive

Cash Flow Estimate:

$748 /month

Interested in this property?

Adelina Rotar

Keller Williams Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$356/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$164,195

2025

$77,003

$174,169

$251,172

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$164,195

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Stand Alone First / Home Equity First Lien

$114,000

First

Dec 29, 2017

Jan 2038

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$94,085

$279,915

74%

25%

$684/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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