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$429,000

NAL Estimated Property Value

8905 Covey Ct, Austin, TX, 78758

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.88 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFree-Standing Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size9,152 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces4

Land Information

APN02421205140000
Lot Number22
SubdivisionQuail Creek West Sec 1
Land UseResidential
Legal DescriptionLOT 22 BLK B QUAIL CREEK WEST SEC 1
Census Tract040700
Assessed Land Value$233,765
Assessed Improvement Value$123,883
Assessment Year2025

About this property

Clean home!! Move-in ready! Appears to have good bones, roof less than 5 yrs, recent double pane windows, full gutters! Living features 2-sided fireplace, dining has high ceiling & open to kitchen, ample sized secondary bedrooms next to hall bath with double vanity! Indoor utility room! 3 sides limestone, backyard is fully fenced with large covered porch and plenty of room to garden--cul-de-sac lot! 2-car garage with 2-car carport! Excellent usage of space! With minor updating this home would rock!!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$429,000
Estimated Property Value
$271,493Estimated Mortgage Balance
$157,507Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,574
$357,648
2025
$233,765
$123,883
$357,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,574
$357,648

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$294,000
No
First
Apr 1, 2022
May 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,493
$127,507
31%
63%
$1,763/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,763/mo
+$325/mo
5.8%

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.

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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8905 Covey Ct | Property Details | No Agent List