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$390,000

NAL Estimated Property Value

912 Wessex Way, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,271 Sq Ft
price_per_sqft$204.48 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Water Heater
FlooringTile

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,746 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN04251820060000
Lot Number8
SubdivisionBuckingham Estates Phs 3 Sec 4
Land UseResidential
Legal DescriptionLOT 8 BLK M BUCKINGHAM ESTATES PHS 3 SEC 4
Census Tract002423
Assessed Land Value$225,619
Assessed Improvement Value$109,879
Assessment Year2025

About this property

Great 1-story 3/2 starter home or investment property in HOT South Austin neighborhood. On one of the nicest streets in the neighborhood. NO CARPET, hard tile thru-out. Updated kitchen & bath. Fireplace. Ceiling fans in all rooms. Fridge, w/d included. 2-car epoxy floor garage w/extra wide driveway. NO HOA. Walking distance to Dittmar District Park for a swim or game of basketball or short ride to Thicket Food Park for a quick bite or Southpark Meadows for all your shopping/dining/entertainment needs.

Investor Tools

Property Icon
$390,000
Estimated Property Value
$218,214Estimated Mortgage Balance
$171,786Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,599
$335,498
2025
$225,619
$109,879
$335,498
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,599
$335,498

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$260,000
No
First
Jun 8, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,214
$166,786
43%
56%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,559/mo
+$671/mo
6.9%

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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912 Wessex Way | Property Details | No Agent List