home in 2313 Melissa Oaks Ln Austin, TX
A home in Austin, TX, it offers 3 bedrooms and 3 bathrooms across 1,314 square feet.
| Price | $305,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 1314 |
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| Address | 2313 Melissa Oaks Ln Austin, TX 78744 |
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Why buy this home
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little above the area.
- New to market (5 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,211/month with 20% down at a 7.28% 30-year fixed rate. You would need about $94,751 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,669/mo |
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| Property tax (new-buyer reassessed rate) | $427/mo |
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| Homeowners insurance | $114/mo |
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| Total monthly | $2,211/mo |
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| Down payment (20%) | $61,000 |
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| Income needed | $94,751/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (70/100) |
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| Beats renting in | 23% of modeled paths |
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| Modeled 5-yr equity (median) | $174,047 |
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| Range (10th to 90th pct) | $110,476 to $250,032 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Austin, TX where local data is thin.
Local home values
Typical home values in Austin, TX have fallen about 14% over the past 5 years (-5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto