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$207,214

NAL Estimated Property Value

8888 Tallwood DR 3305, Austin, TX, 78759

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths598 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$361.2 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Uncovered Courtyard, Outdoor Grill
Lot Size1,281 sqft

Building Information

Year Built1982
Stories1

Land Information

APN02480305850000
Lot Number3305
Subdivision8888 Tallwood Condominium Amended
Land UseResidential
Legal DescriptionUNT 3305 BLD 3 8888 TALLWOOD CONDOMINIUM AMENDED PLUS .98 % INT IN COM AREA
Census Tract030200
Assessed Land Value$12,807
Assessed Improvement Value$194,407
Assessment Year2025

About this property

Trendy lifestyle or great investment, this cozy condo offers upgrades abound in a location that can’t be beat. Entering through the new front door into the tiled entry way, you’re immediately met by an open living area flooded by natural light and made larger by the vaulted ceiling, only offered in select units. The upgraded kitchen features stainless steel appliances, white cabinetry, modern backsplash, granite countertops and new pendant lighting accentuating the oversized kitchen island. Slate tile accents the living room fireplace and protects the wet areas, while wood flooring completes the rest of the unit. With designated space for a washer and dryer, this condo has all of your needs covered. The spacious bedroom is bathed in natural light from the three generous windows while the covered balcony overlooks the sports court. The quaint complex boasts gated protection, an in-ground pool, BBQ & picnic areas, fitness center, conference rooms, courtyards and sports court for residents to enjoy. HOA fee covers water, wastewater, and trash collection. Located near Northwest Hills, the highly sought after location cannot be beat. Just minutes from the Arboretum, Domain, Downtown, UT and medical center, and so close to major transportation, commute and travel times are a breeze. Offered **FULLY FURNISHED**, this condo is truly turn key! Current tenant is model tenant, never late on rent and keeps a very clean house with no pets. Leased until March 2022, $1200/month

Investor Tools

Property Icon
$207,214
Estimated Property Value
$143,554Estimated Mortgage Balance
$63,660Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
$211/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,161
$207,214
2025
$12,807
$194,407
$207,214
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,161
$207,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Financial
Unknown
$157,500
No
First
Sep 8, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,554
$63,660
30%
69%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,156/mo
+$374/mo
8.9%

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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8888 Tallwood DR 3305 | Property Details | No Agent List