$539,999
↓ $19K (3.4%)
●
House -
For Sale
2003 Fair Oaks DR
Austin, TX 78745
3 Beds
2 Baths
1,575 Ft²
$3,339
Est. Monthly
About This Property
A PRIVATE GARDEN BENEATH THE OAKS-IN THE HEART OF SOUTH AUSTIN.
At 2003 Fair Oaks Drive, city living feels softer. Majestic live oaks create a beautiful canopy over the property, while established fruit trees-including peach, pomegranate, persimmon, Mexican plum and blackberry-bring the landscape to life throughout the seasons.
Inside, sunlight pours through the bay windows, illuminating warm bamboo floors and an easy, functional single-story layout. The remodeled kitchen, light-filled living spaces and dedicated laundry room with built-in cabinetry make everyday living feel both comfortable and considered.
More than move-in ready, this home offers something increasingly valuable in South Austin: the major investments have already been made. A 2024 roof, 2025 HVAC, 2025 water heater, new windows and whole-home charcoal air filtration allow the next owner to settle in and enjoy the home without immediately inheriting a costly renovation list.
The expansive, privacy-fenced backyard offers room to gather, garden, play and exhale beneath the trees. A detached shed creates additional possibilities for storage, a workshop or a future creative space.
All of this is moments from neighborhood markets, parks and the restaurants, shops and local favorites that define South Austin living.
Come for the oak canopy and edible landscape. Stay for the light, the ease and the rare feeling of a home that is already ready for what comes next.
At 2003 Fair Oaks Drive, city living feels softer. Majestic live oaks create a beautiful canopy over the property, while established fruit trees-including peach, pomegranate, persimmon, Mexican plum and blackberry-bring the landscape to life throughout the seasons.
Inside, sunlight pours through the bay windows, illuminating warm bamboo floors and an easy, functional single-story layout. The remodeled kitchen, light-filled living spaces and dedicated laundry room with built-in cabinetry make everyday living feel both comfortable and considered.
More than move-in ready, this home offers something increasingly valuable in South Austin: the major investments have already been made. A 2024 roof, 2025 HVAC, 2025 water heater, new windows and whole-home charcoal air filtration allow the next owner to settle in and enjoy the home without immediately inheriting a costly renovation list.
The expansive, privacy-fenced backyard offers room to gather, garden, play and exhale beneath the trees. A detached shed creates additional possibilities for storage, a workshop or a future creative space.
All of this is moments from neighborhood markets, parks and the restaurants, shops and local favorites that define South Austin living.
Come for the oak canopy and edible landscape. Stay for the light, the ease and the rare feeling of a home that is already ready for what comes next.
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$343
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1959
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 days ago (Unlock MLS #ACT3638871)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | Price Decreased |
$539,999
↓ $19K
(3.4%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by Compass RE Texas, LLC | $559,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), See Remarks, High Speed Internet, Primary Bedroom on Main
Appliances: Microwave, Built-In Oven(s)
Flooring Type: Bamboo
Exterior Details
Square Footage: 1575
Square Footage Source: $0
Green Sustainability
Property Condition: See Remarks
Year Built Source: Public Records
Year Built: 1959
Waterfront Features: None
Levels: One
Other Structures: Shed(s)
Window Features: Bay Window(s)
Construction Materials: Brick
Patio and Porch Features: Patio
Pool Features: None
Lot Features: Back Yard, Front Yard, Level, Wooded
Lot Size Area: 8816.54
Lot Size Units: Square Feet
Lot Size Acres: 0.2024
Lot Size Square Feet: 8816.54
Water Source: Public
Financial Details
Tax Map Number: 15
Tax Assessed Value: $379,004
Tax Annual Amount: $8,250
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About Westgate
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Listed by: Desiree Gutierrez
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-10-29 04:10:47
Data Source: Unlock MLS, MLS# ACT3638871
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-10-29 04:10:47
Data Source: Unlock MLS, MLS# ACT3638871
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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