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Days65Days on Market
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$685,000

8610 Melshire Dr, Austin, TX, 78757

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$336.11 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Oven, Electric Oven, Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,512 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02440519080000
Lot Number6
SubdivisionNorthwest Terrace Sec 3
Land UseResidential
Legal DescriptionLOT 6 BLK E NORTHWEST TERRACE SEC 3
Census Tract040400
Assessed Land Value$333,316
Assessed Improvement Value$242,385
Assessment Year2025

About this property

Extremely well-maintained single-story home featuring a flexible floor plan with two primary suites — one with a separate HVAC system — plus a spacious guest bedroom and hall bath. Thoughtfully cared for over the years, this home offers a great opportunity for additional updates to make it your own. Major improvements include a roof replacement (2024), new garage doors (2025), exterior side entry garage door (2026), and gutters with screens along the front of the home and back patio (2024). Patio light fixtures were also updated in 2024. The kitchen and breakfast area were fully remodeled to the studs in 2007, featuring granite countertops, updated cabinetry, sink, faucet, and appliances, with a new microwave installed in 2025 and in-wall venting to a roof vent. Original windows and the sliding patio door were replaced in 2010. Additional enhancements include an opened floor plan, bullnose corner molding, removal of paneling, added insulation in the second primary suite attic, and 5/8" plywood decking for additional attic storage. The backyard shed includes electricity, lighting, and built-in cabinets. Enjoy the beautifully landscaped, tree-filled yard featuring three red oaks, two pecan trees, and a redbud. Relax with neighbors on the front flagstone patio or unwind in the quiet setting of the covered back patio. Conveniently located near schools, parks, restaurants, and shopping, with easy access to major employers and just minutes from Q2 and The Domain.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$0Estimated Mortgage Balance
$692,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Jo Snowden

Moreland Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$947/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,903
$542,589
2025
$333,316
$242,385
$575,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,903
$542,589

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$737,000
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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8610 Melshire Dr | Property Details | No Agent List