Properties / Austin
3205 Burley Cv
This property is being displayed for real-estate discovery and analysis. It is not currently an investment offering through Realtix.
Overview
- Units
- 1
- Beds
- 2
- Baths
- 1
- Square feet
- 1,016
- Year built
- 1982
- Lot
- 6,860 sq ft
A small 1982 house on a South Austin cul-de-sac listed as an investor and handyman special, sold as-is, with a recent $10K price cut. One of the lowest entry prices inside Austin city limits.
Financials
From the listing
| Asking price | $189,900 | Confirmed · MLS reported |
| Price per sq ft | $187 | Calculated |
| Reported rent | Not disclosed by the listing | |
| Annual property tax | $6,580 | Confirmed · Public record |
Realtix flip estimate
What a buy, renovate and resell could look like. Every line is an estimate or assumption until there is a contractor bid and an appraisal.
| After-repair value | $305,000 | estimate, medium confidence |
| Purchase price | -$189,900 | asking price |
| Renovation | -$50,000 | assumption |
| Buying costs | -$3,798 | assumption |
| Holding costs | -$11,394 | assumption |
| Selling costs | -$21,350 | assumption |
| Estimated profit | $28,558 | 9.4% of resale price |
| Return on cost | 11.2% | profit divided by cash and costs before sale |
- After-repair value is a Realtix estimate (medium confidence) from renovated sales in the area
- Buying costs 2% of price, holding costs 1% of price per month for 6 months (interest, taxes, insurance, utilities), selling costs 7% of resale price
- Renovation budget is a Realtix assumption until a contractor bid exists
If you held it as a rental
An estimate of a typical year of ownership. Based on Realtix's market-rent estimate, because the listing does not disclose rents. Every line below is an estimate or assumption, not a reported figure.
| Gross rent | $20,400 | $1,700 per month · estimate, medium confidence |
| Vacancy | -$1,020 | assumption |
| Effective income | $19,380 | |
| Property taxes | -$6,580 | reported |
| Insurance | -$950 | assumed 0.5% of price |
| Management | -$1,550 | assumption |
| Repairs and maintenance | -$1,550 | assumption |
| Capital reserves | -$969 | assumption |
| Net operating income | $7,781 | |
| Renovation budget | $50,000 | assumption; all-in cost $239,900 |
| Estimated cap rate | 3.24% | NOI divided by all-in cost |
| Debt service | -$12,068 | assumption |
| Cash flow after debt | -$4,287 | per year |
| Cash-on-cash return | -4.2% | on $103,172 down payment, closing costs and renovation |
| Debt coverage (DSCR) | 0.64x | lenders usually want 1.20x or more |
- Rent: Realtix market-rent estimate (medium confidence)
- Vacancy 5%, management 8%, maintenance 8% and reserves 5% of collected rent
- Renovation of $50,000 is paid in cash and included in the cap rate (all-in cost) and cash invested
- Financing: 25% down, 30-year fixed at 7.6%, closing costs 3% of price
Realtix plan
Desk analysis complete, based on the listing and market data. Figures not confirmed by documents are marked as estimates. This is Realtix's own view, not investment advice.
Strategy: Fix and flip
Strengths
- Very low entry price for a 78745 address
- Recent price reduction shows motivated seller
- No HOA and SF-3 zoning
Risks
- Only 2 bed and 1 bath limits resale buyer pool
- Condition unknown beyond needs work
- Smaller footprint caps after-repair value
Catalysts
- Adding a bedroom or bath could widen buyer pool
- South Austin demand near Southpark Meadows and Slaughter corridor
Due diligence still needed
- Inspection to scope repairs
- Pull renovated comps in Southhampton Hills
- Confirm whether layout allows adding a bath
- Verify tax figure since calculator and records differ
Realtix screening score
How this score works
The score is calculated, not hand-picked. For flips it weighs the estimated profit margin (40%, 0% to 20% of resale price), return on cost (25%, 0% to 30%), price per square foot (20%, $320 down to $120) and data confidence (15%). It ignores hidden repairs, permit risk and how fast the home would sell, which need diligence.
Realtix preliminary screening score. Not investment advice, and it does not predict returns.
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Sources
- Listing source
- Redfin · MLS #1290964
- Listing brokerage
- Keller Williams Realty · Jordan Moorhead
- Last verified
- 2026-10-08
Annual property tax: Public record, as of 2026-10-08
Updates
- 2026-10-08 Listing checked against the source.
- Listing 21 days on market as of the last check.