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$411,682

8703 Alderman Dr, Austin, TX, 78747

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$309.85 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Gas Range
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size4,792 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04360127020000
Lot Number12
SubdivisionGoodnight Ranch Phs 1-A Sec 7
Land UseResidential
Legal DescriptionLOT 12 BLK D GOODNIGHT RANCH PHS 1-A SEC 7
Census Tract002440
Assessed Land Value$63,748
Assessed Improvement Value$347,934
Assessment Year2025

About this property

Charming cottage style home in the South Austin Community Goodnight Ranch. Very functional floor-plan with 3 beds 3 baths and an office. The family room, open to the kitchen and dining and is warmed by a wood-plank accent wall. The kitchen has Silestone counters and stainless appliances. You will love the gorgeous and easy-care wood-look tiles throughout the main living areas. Small, easy to maintain back and side yard. Cute front porch with a no neighbors in front instead a view of the small community park. Easy access to major roadways and close to Onion Creek, The Austin Bergstrom Airport, Telsa PLUS Downtown Austin. This neighborhood has lots of amenities you'll enjoy like a pool, parks with ponds, playgrounds, and a running/walking path around the entire neighborhood!

Investor Tools

Property Icon
$411,682
Estimated Property Value
$460,750Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,015/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,125
$411,682
2025
$63,748
$347,934
$411,682
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,125
$411,682

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Elite Financing Group Llc
Conventional
$460,750
No
First
Aug 1, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,346
N/A
0%
104%
$2,763/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,410/mo
$2,803/mo
$-393/mo
7.0%

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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8703 Alderman Dr | Property Details | No Agent List