$329,934 - $330,000
RENTED APR 2, 2025

1815 Rainy Meadows Dr Austin, TX 78758

Gracywoods Neighborhood
2 Beds
2 Baths
1,064 Sq Ft
$310 Price per Sq Ft

About This Home

A Bright and Spacious Investment Opportunity! Welcome to 1815 Rainy Meadows Dr., a charming and well-maintained 2-bedroom, 2-bath home situated in one of Austin's most desirable and rapidly growing neighborhoods. With its open, bright layout & spacious backyard, this property offers immense potential, whether you are a first-time homebuyer, an investor seeking to capitalize on Austin's thriving real estate market, or someone looking for a perfect rental property. This home is filled with natural light that flows seamlessly throughout its open floor plan, creating a welcoming atmosphere. The living room is expansive, offering a comfortable space to relax or entertain, with large windows allowing ample sunlight to pour in. The layout is perfect for those who enjoy a spacious feel, with both bedrooms offering privacy while maintaining accessibility to the common areas. The kitchen features a practical design with plenty of cabinet space, making it ideal for cooking and dining at home. The 2 full bathrooms are well-appointed, with modern fixtures and finishes that make daily routines a pleasure. The master bedroom is generously sized, with ample closet space, providing a comfortable retreat. The second bedroom, also spacious, can be easily used as a guest room, home office, or even a fitness room, offering flexibility to suit your lifestyle needs. One of the standout features of this property is its large backyard. Whether you are an outdoor enthusiast or enjoy having extra space for entertaining, gardening, or simply relaxing, the backyard offers endless possibilities. The large lot gives you room to expand, build, or customize the outdoor space to your liking. Investors will find this property to be an incredible opportunity. Near The Domain, Austin's premier shopping, dining, and entertainment district, and Austin FC arena this home is highly desirable for renters and homeowners alike. Roof, water heater & AC Compressor replaced in 2023. HVAC system replaced in 2019.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2005
Sold by
Lyle Maria Teresa
Bought by
Martin Debra L
Current Estimated Value
$329,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Outstanding Balance
$53,200
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$276,767

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin Debra L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Debra L $96,900
Previous Owner Lyle Maria Teresa $51,166
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Rented $1,500 -10.4% --
03/28/2025 03/28/25 Under Contract -- -- --
03/27/2025 03/27/25 For Rent $1,675 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,543 $371,855 $125,000 $246,855
2022 $9,127 $406,904 $125,000 $281,904
2021 $7,113 $281,915 $125,000 $156,915
2020 $5,743 $232,239 $125,000 $107,239
2018 $5,649 $220,484 $125,000 $95,484
2017 $4,721 $183,128 $75,000 $108,128
2016 $3,865 $149,920 $40,000 $109,920
2015 $3,260 $132,697 $40,000 $92,697
2014 $3,260 $120,849 $40,000 $80,849
Source: Public Records

Agents Affiliated with this Home

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