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$590,000

8601 Putnam Drive, Austin, TX, 78757

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.26 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Water Heater, Free Standing Electric Oven, Free Standing Refrigerator, Disposal, Microwave, Water Softener Owned, Washer
FlooringLaminate, Tile

Exterior

Exterior FeaturesPrivate Yard, See Remarks
Lot Size8,799 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APN02411010710000
Lot Number2
SubdivisionJackson Lillie Subd
Land UseResidential
Legal DescriptionLOT 2 BLK A JACKSON LILLIE SUBD
Census Tract040500
Assessed Land Value$205,681
Assessed Improvement Value$194,576
Assessment Year2026

About this property

Plant your roots on Putnam. Out back, a fenced yard with a patio and raised garden beds is ready for your first planting, whether that means kale and herbs this winter or tomatoes in the spring. Inside, this 3 bedroom, 2.5 bath home built in 2001 centers on an updated kitchen with new granite countertops, stainless steel appliances, and island seating for morning coffee or a casual dinner. A newer roof, HVAC system, and water heater mean move-in day can be all about settling in. Daily life is easy here. A dedicated workspace, fiber internet, and a washer and dryer keep routines simple. A welcoming front porch faces the street, and the driveway holds two cars with free street parking out front. This home also arrives with a proven record. As an Airbnb, it earned Guest Favorite status, placing it in the top 5% of eligible listings, with a 4.92 rating from 91 reviews and scores of 4.9 or higher for cleanliness, location, and value. Furnishings may be available by separate agreement. Buyer to verify short-term rental licensing with the City of Austin. The location carries a story of its own. The home sits in Wooten, a mid-century North Central Austin neighborhood named for Dr. Goodall Wooten, the longtime Austin physician and civic leader. Burnet Road, once the route from Austin to Burnet, is just around the corner and now lined with local restaurants, coffee shops, and Highland Lanes. Nearby, the 1954 Air Conditioned Village made Austin the testing ground for central air in American homes. Head out for a game at Q2 Stadium, shopping at The Domain or the Arboretum, a day at UT, or a night downtown, all an easy drive away, with quick access to MoPac and Research Blvd. Come see the beds, the porch, and the neighborhood for yourself, and picture what you will grow here.

Investor Tools

$504,160Estimated Mortgage Balance
$88,840Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

Interested in this property?

Therese Snider

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,825
$400,257
2026
$205,681
$194,576
$400,257
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,825
$400,257

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$527,250
No
First
May 30, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$504,160
$88,840
14%
85%
$3,162/mo

City: Austin

8601 Putnam Drive | Property Details | No Agent List