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$658,000

8804 El Rey Blvd, Austin, TX, 78737

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,973 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.85 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Dishwasher, Electric Cooktop, Range Hood
FlooringSee Remarks

Exterior

Private PoolPrivate Pool
Exterior FeaturesNo Exterior Steps, Rain Gutters
Lot Size32,531 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04124802050000
Lot Number87
SubdivisionGranada Hills Amended
Land UseResidential
Legal DescriptionLOT 87 GRANADA HILLS AMENDED
Census Tract031100
Assessed Land Value$379,233
Assessed Improvement Value$233,994
Assessment Year2025

About this property

Investor opportunity with endless potential! Situated on a spacious 3/4-acre lot, this 4-bedroom, 2-bath home is currently undergoing renovation and is ready for the next owner to bring it to completion. Interior work still needed includes flooring, drywall, and finishing touches throughout. The flexible floor plan features both a living area and a separate family room with a cozy fireplace, plus a formal dining area, breakfast area, and functional kitchen layout. The primary suite includes a full private bath. Outside, the beautifully shaded lot backs to a peaceful green space, offering added privacy and a serene setting. With great bones, ample space, and a desirable lot, this property presents an excellent opportunity for investors, flippers, or buyers looking to customize a home to their vision.

Investor Tools

Property Icon
$658,000
Estimated Property Value
$313,000Estimated Mortgage Balance
$345,903Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,948 /month
Positive
Cash Flow Estimate:
$1,316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,993
$613,227
2025
$379,233
$233,994
$613,227
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,993
$613,227

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Heritage Cu
Conventional
$313,000
No
First
Apr 3, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,097
$345,903
52%
47%
$1,877/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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8804 El Rey Blvd | Property Details | No Agent List