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$373,394

NAL Estimated Property Value

8904 Parker Ranch CIR B, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,561 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$253.04 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,652 sqft

Building Information

Year Built2017
Roof Type105
Garage Spaces1

Land Information

APN04232706300000
Lot NumberB
SubdivisionParker Ranch Condominiums Amended
Land UseResidential
Legal DescriptionUNT B BLD 16 PARKER RANCH CONDOMINIUMS AMENDED PLUS 2.5 % INT IN COM AREA
Census Tract031700
Assessed Land Value$66,538
Assessed Improvement Value$306,856
Assessment Year2025

About this property

Lock-n-Leave Condo Home in Parker Ranch Condominiums. Amazing location in a dreamy pocket of South Austin – 78745! This stylish contemporary condo offers excellent curb appeal with charming landscaping, striking stone accents, and a convenient single-car garage & driveway. The beautifully maintained interior is sure to impress with soaring ceilings over the open-concept living & dining room, recessed lighting, and sleek hardwood floors. Entertaining here is a breeze with the designer contemporary kitchen opening to the living area over the oversized kitchen peninsula with inviting breakfast bar seating. Featuring SS appliances, timeless Shaker-style cabinetry, and quartz countertops. The luminous main floor primary bedroom provides a spacious ensuite bathroom complete with a dual quartz vanity, Shaker-style cabinetry, a walk-in shower, and dual sided closet. The primary ensuite bath connects to the half bath, which provides its own quartz vanity. Upstairs you will find two perfectly sized secondary bedrooms bathed in natural light and a gorgeous full second bath. Step out onto the back porch to enjoy relaxing and entertaining on the covered back porch, which overlooks your private fenced-in backyard with a lush green lawn and a young shade tree. HOA Fees cover front & back landscaping & irrigation. Walking distance to Cowan Elementary. Great area for picturesque strolls through the surrounding neighborhoods. Excellent proximity to several greenbelts including the enchanting Stephenson Nature Preserve. Nearby a plethora of shopping, restaurants, cafes, and entertainment spots with Southpark Meadows, the Sunset Valley shops, Arbor Trails, and the South Menchaca entertainment district all just minutes away. Easy access to Mopac & I-35 and just 12 miles to Downtown Austin.

Investor Tools

Property Icon
$373,394
Estimated Property Value
$340,988Estimated Mortgage Balance
$32,406Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,037
$373,394
2025
$66,538
$306,856
$373,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,037
$373,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$352,563
Yes
First
Jun 4, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,988
$32,406
8%
91%
$2,114/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,114/mo
+$116/mo
7.2%

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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8904 Parker Ranch CIR B | Property Details | No Agent List