Welcome to the premier real estate investment opportunity in Austin TX! Established rental history with professional management, this property is located in highly desirable 78757 and ready for it's new savvy investor! Proximity to quintessential Austin areas of the Domain, Q2, ACC Highland, and iconic Burnet Rd. Opportunity abounds for property appreciation and updating, or do nothing and allow for the fabulous monthly income to continue to flow. Onsite partial fenced parking, green space, and W/D connections in each 2/1 unit round out this prime investor opportunity!
This property is $130.6K more than the Median Sold Price and $116/SqFt less than other homes in Austin, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #9537093
Listing Office:
Office Name: New Homes Mate LLC
Office Phone: (512) 937-4599
Listing Agent: Meredith Blackwelder
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 10:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$8,993
$420,000
2019
$9,008
$420,000
2018
$9,077
$418,000
2017
$7,898
$410,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,556
Per Month
Principal & Interest
$3,489
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,162
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
5
/10
Wooten Elementary School
1406 Dale Dr
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Middle School
2
/10
Burnet Middle School
8401 Hathaway Dr
Distance between this listing and this school0.28 miles
Public District Grades 6-8
High School
3
/10
Lanier High School
1201 Payton Gin Rd
Distance between this listing and this school0.84 miles
Public District Grades 9-12
Assigned Schools
5
/10
Wooten Elementary School
1406 Dale Dr
Distance between this listing and this school0.86 miles
Public District Grades PK-5
Nearby Schools
5
/10
Wooldridge Elementary School
1412 Norseman Ter
Distance between this listing and this school0.66 miles
Public District Grades KG-5
6
/10
Pillow Elementary School
3025 Crosscreek Dr
Distance between this listing and this school0.80 miles
Public District Grades PK-5
Assigned Schools
2
/10
Burnet Middle School
8401 Hathaway Dr
Distance between this listing and this school0.28 miles
Public District Grades 6-8
Nearby Schools
5
/10
Cedars International Academy
8416 N I H 35
Distance between this listing and this school1.97 miles
Public Charter Grades PK-8
5
/10
Harmony Science Academy - Austin
930 E Rundberg Ln
Distance between this listing and this school2.24 miles
Public Charter Grades KG-7
Assigned Schools
3
/10
Lanier High School
1201 Payton Gin Rd
Distance between this listing and this school0.84 miles
Public District Grades 9-12
Nearby Schools
7
/10
Anderson High School
8403 Mesa Dr
Distance between this listing and this school2.00 miles
Public District Grades 9-12
7
/10
McCallum High School
5600 Sunshine Dr
Distance between this listing and this school2.65 miles
The neighbors living near this home have an average income of $59,091. The majority of Austin, TX residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 8607 Putnam Dr in Austin, TX and zip code 78757 in the Wooten Terrace neighborhood. This 3,584 square foot home, which was built in 1973, sits on a 0.21 acre lot. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $699,000.
Austin, TX housing market in April 2024 saw over 195 listings sold above listed price, more than 158 sold at listed price and over 571 sold below. The inventory of homes for sale in Austin, TX between March 2024 and April 2024 increased by 18.7%. The median list price of listings available in April 2024 was $568,336, while the average time on the real estate market was 46 days.
From Rocket Homes Real Estate and based on county public records data.