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$159,000

8888 Tallwood DR 2307, Austin, TX, 78759

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths598 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$265.89 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Free-Standing Electric Range
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Basketball Court, Uncovered Courtyard, Lighting
Lot Size1,281 sqft

Building Information

Year Built1982
Stories1

Land Information

APN02480305560000
Lot Number2307
Subdivision8888 Tallwood Condominium Amended
Land UseResidential
Legal DescriptionUNT 2307 BLD 2 8888 TALLWOOD CONDOMINIUM AMENDED PLUS .98 % INT IN COM AREA
Census Tract030200
Assessed Land Value$12,807
Assessed Improvement Value$207,235
Assessment Year2025

About this property

Clean and updated 1-bedroom, 1-bath condo in a GREAT Austin, Texas location! Perfect for college students, investors, first-time buyers, or corporate travelers seeking low-maintenance living near Austin’s top employers, shopping, dining, and entertainment. Located in a gated community, this move-in ready condo includes reserved covered parking space #223, plus washer, dryer, and refrigerator that all convey. Community amenities include a pool, fitness center, pickleball/sport court, workspace/business center, and beautifully maintained grounds. FANTASTIC location just minutes to The Domain, Q2 Stadium, Arbor Walk, The Arboretum, Gateway, and the Burnet/Anderson corridor. Easy access to Mopac, Hwy 183, downtown Austin (approx. 8 miles), and Austin-Bergstrom International Airport (approx. 25 minutes). An excellent opportunity for anyone searching for an Austin condo near The Domain, student housing, corporate housing, or an investment property in Austin TX.

Investor Tools

$121,020Estimated Mortgage Balance
$99,022Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Amy Gandy

AGandy & Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
$276/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,405
$220,042
2025
$12,807
$207,235
$220,042
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,405
$220,042

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank Of West Texas
Unknown
$85,000
No
First
Dec 28, 2005
Jan 2009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$121,020
$99,022
45%
55%
$1,074/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,350/mo
+$180/mo
8.3%

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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