FOR_SALEGood Deal3 days on market

8005 Northforest Dr

8005 Northforest Dr, Austin, TX 78759, Austin, TX 78759
$499,900

Listing Price

Property image 1
8005 Northforest Dr, Austin, TX 78759
Loc: Austin, TX
Days Listed
3
Tax Assessed
$527k
Lot Size
9,313 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Hill Elementary School

PK-5
0.9 mi away
8

Murchison Middle School

6-8
1.1 mi away
8

Anderson High School

9-12
0.9 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.14%
Total ROI
25.3%
Cash Flow
$445/mo
DSCR
1.18
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-31Listed for sale$499,900$357
2026-08-19Listing removed$569,000$406
2026-07-08Price change$569,000$406
2026-06-02Price change$589,000$420
2026-05-20Listed for sale$609,000$434
2022-07-31Listing removed$0
2022-07-02Listed for rent$2,480$2
2021-06-18Listing removed$0
2021-04-29Listed for rent$2,225$2
2021-03-24Listing removed$0
2019-03-13Listing removed$1,950$1
2019-01-15Price change$1,950$1
2018-11-05Listed for rent$1,985$1
2018-10-03Listing removed$1,985$1
2018-09-13Listed for rent$1,985$1
2017-08-23Listing removed$1,950$1
2017-07-25Price change$1,950$1
2017-06-02Listed for rent$2,200$2

Tax History

YearProperty TaxTax Assessment
2025$10,775.21$526,523
2024$10,866.78$548,325
2023$11,132.67$615,320
2022$11,930.6$604,105
2021$0$452,652
2020$7,676.88$344,770
2019$7,394.85$344,770
2018$7,920.65$365,077
2017$7,920.65$357,755
2016$7,884.33$309,280
2015$7,884.33$364,273
2014$7,884.33$331,302
2013$0$292,646
2012$0$273,607
2011$0$276,090
2010$0$282,712
2009$0$305,891
2008$0$293,474
2007$0$269,172
2006$0$221,672
2005$0$180,510
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,402
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $499,900Rent Basis: Modeled Estimate ($3,999/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $250/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.90%

NOI: $24,473/yr

Cash-on-Cash Yield
-5.8%

On $114,977 invested

DSCR Ratio
0.79x

Negative debt coverage

5-Yr Leveraged ROI
+65.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$790/mo
Homeowner / Hazard Insurance-$250/mo
Vacancy Reserve (5% of rent)-$200/mo
Repairs & Maintenance (10% of rent)-$400/mo
Property Management (8% of rent)-$320/mo
Total Pure Operating Expenses-$1,960/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,999/mo
Less: Operating Expenses-$1,960/mo
Net Operating Income (NOI)+$2,039/mo
Less: Debt Service (30yr @ 6.75%)-$2,594/mo
Net Cash Flow
$-554/mo
$-6,653/year
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