ActiveResidential · sale

7301 Marywood Cir

Austin, TX 78723

$490,000

  • 5 beds
  • 3 baths
  • 2,690 sq ft
  • 0.23 acres
  • Built 1968

Listed by Millikin Properties · MLS #ACT3744736

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PROPERTY QUESTIONS & SHOWINGS

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7301 Marywood Cir, Austin, TX 78723 · MLS #ACT3744736

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

House sq footage 2144 plus 546 sq ft garage converted to a den/family room.

Details worth a look

Sections of the backyard privacy fence have been replaced, offering added privacy and peace of mind around the entire back yard and back patio with the additional feature of a storage shed.

Year built

Built in 1968.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to this Home featuring 5 Bedrooms plus an office! One bedroom on main level with primary bedroom plus three additional bedrooms upstairs. This is an updated and refreshed home tucked in a convenient neighborhood with shopping & restaurants at nearby Mueller and easy access to both Hwy 290 & Hwy 183. Recent updates give this home a clean, modern feel while maintaining warmth and comfort throughout.
Step inside to find a freshly repainted interior and new engineered wood flooring throughout the home, creating a seamless, stylish look from room to room. A converted garage now offers a large den for family fun or children's hang-out and allows easy access to an indoor utility closet. The office/flex room is located behind the kitchen and could also be used as a second dining room. The updates continue outside with the exterior shutters & paint refresh enhancing the home’s curb appeal.
The outdoor spaces have also been improved with extensive new landscaping and decorative rock work in both the front and backyard, providing a low-maintenance and attractive setting for relaxing or entertaining. Sections of the backyard privacy fence have been replaced, offering added privacy and peace of mind around the entire back yard and back patio with the additional feature of a storage shed.
Features include a storage shed and a kitchen refrigerator that will convey with the sale.
This move-in-ready home combines recent updates, functional living spaces, thoughtful outdoor improvements, and location — making it a wonderful opportunity in Austin.
Previous buyer had to back out of their contract due to a personal family event. Please text the listing agent to confirm all showings. House sq footage 2144 plus 546 sq ft garage converted to a den/family room. Information deemed reliable but not guaranteed. Buyer & Buyer representatives must independently verify all information.

THE NEIGHBORHOOD

Explore the location.

7301 Marywood Cir, Austin, TX 78723

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1968
Full baths
3
Half baths
0
Garage spaces
0
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Microwave, Oven, Gas Oven, Free-Standing Refrigerator, Stainless Steel Appliance(s)
Flooring
Wood
Fencing
Back Yard, Privacy, Wood
Accessibility
None
Pool features
None
Subdivision
University Hills Sec 04 Ph 04
Parcel
02262304140000
Elementary school
Andrews
Middle school
Pearce Middle
High school
Lyndon B Johnson (Austin ISD)
Annual property tax
$12,642.60

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$422.54
Estimated monthly rent$2,041.67
Cap rate1.28%

Annual operating income: $6,295.43

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #ACT3744736 · Austin Board of Realtors

Listing brokerage: Millikin Properties
Listing agent: Marcia Millikin

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.