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ActiveMLS #3638871

2003 Fair Oaks DR, Austin TX 78745

Austin, TX 78745 · Southern Oaks Sec 01

Single Family Residence for sale in Southern Oaks Sec 01

3Bedrooms
2Bathrooms
1,575Square Ft
0.20Acres
2Garage
1959Year Built
Price Reduced
1 / 18
$539,999$555,000

Overview

Property Description

NEW MAJOR SYSTEMS. MOVE IN WITHOUT THE MUST-DO LIST. 2003 Fair Oaks Drive—a beautiful, light-filled 3-bedroom South Austin home with the character of an established Austin neighborhood with the essential and expensive improvements already completed. The list is impressive: Roof (2024), HVAC (2025), water heater (2025), new windows, whole-home charcoal Air filtration, new bamboo flooring, partial copper plumbing , remodeled kitchen and more. The big-ticket work has been done, giving the next owner the rare opportunity to move in, enjoy the home and have the peace of mind that comes with newer major systems. Inside, an abundance of natural light pours through the large bay windows, filling the open living spaces with warmth. The remodeled kitchen feels fresh and inviting, with views out to the private, fenced backyard. Original personality and playful details preserve the home’s unmistakable Austin charm, while an incredibly functional laundry room with built-in cabinetry adds storage and everyday ease rarely found in homes of this era. Outside, magnificent mature live oaks anchor the property. The large, private backyard offers room to gather, garden and play beneath the trees, while a detached shed is ready to become a studio, creative space, workshop or home office. Everyday life here is easy. A neighborhood market is just around the corner for daily essentials, family-friendly parks are nearby, and Downtown Austin is approximately a 20-minute drive away. Add easy access to South Austin restaurants, shopping and neighborhood favorites, and you’re connected to the city while still coming home to an established neighborhood with room to breathe. The major systems are new. The expensive work is done. The character is still here. Just move in and make it yours.

Financial Info
Price
$539,999
$ / Sqft
$343
HOA
None
Tax Rate
2.1767%
Est. Taxes
$8,250
Tax Year
2022
Exemptions
Homestead, Over 65
Legal Info
Address
2003 Fair Oaks DR
County
Travis
City
Austin
State
TX
Zip
78745
Subdivision
Southern Oaks Sec 01
Legal Description
LOT 15 BLK C SOUTHERN OAKS SEC 1
Parcel
04121108070000
Interior Features
Floor
Bamboo
Num Living
1
Dining
1
Appliances
Built-In Oven(s), Microwave
Laundry
Inside, Laundry Room
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
Primary Bedroom on Main, Walk-In Closet(s), See Remarks, None, Bay Window(s)
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1959 / See Remarks
Square Feet
1,575 / Public Records
Garages
2
Garage Desc
Garage, Garage Door Opener
Foundation
Slab
Roof
Composition
Construction
Brick
Acres
0.20
Lot Description
Back Yard, Curbs, Front Yard, Level, Trees-Large (Over 40 Ft), Trees-Moderate
Restrictions
See Remarks
Flood Plain
See Remarks
View
None
Water Access
No
Waterfront
No
Area
10N
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Internet-Cable, Phone Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Back Yard, Wood
Exterior Features
See Remarks, Patio
Pool On Property
No
Area Amenities
Curbs

Price history

Members only
Days on market
−$15,001 (−2.7%)
$555,000 → $539,999
1
Price reduction
Active
Since Aug 28, 2026
Price trend
List priceAug 2026Sep 2026
Property history3 events
DateEventPriceChange
Sep 18, 2026Price Decrease$539,999−$19,001 (−3.4%)
Aug 28, 2026Price Increase$559,000+$4,000 (+0.7%)
Aug 28, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Sunset Valley
Middle
Covington
High
Crockett

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $539,999
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,869 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,869

Principal & interest
$2,731
Property taxes
$688
Homeowners insurance
$450

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$431,999$4,829$27,938$427,171
2$427,171$5,152$27,614$422,019
3$422,019$5,497$27,269$416,522
4$416,522$5,865$26,901$410,657
5$410,657$6,258$26,508$404,399
6$404,399$6,677$26,089$397,722
7$397,722$7,124$25,642$390,597
8$390,597$7,601$25,165$382,996
9$382,996$8,110$24,656$374,886
10$374,886$8,654$24,113$366,232
  • Year 1$427,171
    Principal paid
    $4,829
    Interest paid
    $27,938
    Starting balance
    $431,999
  • Year 2$422,019
    Principal paid
    $5,152
    Interest paid
    $27,614
    Starting balance
    $427,171
  • Year 3$416,522
    Principal paid
    $5,497
    Interest paid
    $27,269
    Starting balance
    $422,019
  • Year 4$410,657
    Principal paid
    $5,865
    Interest paid
    $26,901
    Starting balance
    $416,522
  • Year 5$404,399
    Principal paid
    $6,258
    Interest paid
    $26,508
    Starting balance
    $410,657
  • Year 6$397,722
    Principal paid
    $6,677
    Interest paid
    $26,089
    Starting balance
    $404,399
  • Year 7$390,597
    Principal paid
    $7,124
    Interest paid
    $25,642
    Starting balance
    $397,722
  • Year 8$382,996
    Principal paid
    $7,601
    Interest paid
    $25,165
    Starting balance
    $390,597
  • Year 9$374,886
    Principal paid
    $8,110
    Interest paid
    $24,656
    Starting balance
    $382,996
  • Year 10$366,232
    Principal paid
    $8,654
    Interest paid
    $24,113
    Starting balance
    $374,886
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.