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$339,692

NAL Estimated Property Value

8705 Merion Cir, Austin, TX, 78754

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,683 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.9 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.75Bathrooms Full 2.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size2,570 sqft

Building Information

Year Built1973
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02293302030000
Lot Number3
SubdivisionChimneyhill First Installment
Land UseResidential
Legal DescriptionLOT 3 CHIMNEYHILL FIRST INSTALLMENT PLUS 1.282% INTEREST IN COMMON AREA
Census Tract043600
Assessed Land Value$100,000
Assessed Improvement Value$239,692
Assessment Year2025

About this property

This thoroughly remodeled Townhouse has it all! The home entry is located past a small privacy gate through the beautiful open courtyard space, perfect for privacy & entertaining. Enjoy an abundance of natural light, one covered & one uncovered courtyard, a small backyard, 2 car garage, and pool & tennis court access! This is such a unique and functional property with great storage, an indoor laundry room, and a show stopping primary bed & bath, complete with an oversized custom walk in closet. The living area is spacious with a high, vaulted ceiling, a beautiful gas fireplace, and windows overlooking both courtyard spaces. A dual-unit HVAC system keeps you comfortable whether up or downstairs. New Roof, Windows, SS appliances, Cabinetry, Vinyl flooring, Quartz counters, Lighting, Cosmetics & more. Easy access to 290 and only 1 mile from Big Walnut Creek Nature Preserve. Welcome Home!

Investor Tools

Property Icon
$339,692
Estimated Property Value
$331,310Estimated Mortgage Balance
$8,918Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,532
$339,692
2025
$100,000
$239,692
$339,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,532
$339,692

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$343,660
Yes
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,310
$8,382
2%
98%
$2,061/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.

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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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8705 Merion Cir | Property Details | No Agent List