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$527,000

NAL Estimated Property Value

1007&1009 Romeria DR, Austin, TX, 78757

$571,112 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,550 Sq Ft
price_per_sqft$294.12 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesFree Standing Range
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size3,703 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN02290722020000
Lot Number1
Subdivision1007 Romeria Drive Condominiums
Land UseResidential
Legal DescriptionUNT 1 1007 ROMERIA DRIVE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001505
Assessed Land Value$178,125
Assessed Improvement Value$296,699
Assessment Year2025

About this property

Perfect opportunity for owner occupied or an investor. Centrally located and nestled in a pedestrian-friendly, tree-lined Brentwood neighborhood. One block from UT Shuttle and Capital Metro Routes. Zoned SF3. Great rental history and occupancy rate for this duplex with mature trees and a spacious yard. Great opportunity for redevelopment. ACC and Northcross Mall are less than 3 miles away, 4 miles to UT. Area is rapidly redeveloping with new restaurants and shopping nearby.Restrictions: Yes

Investor Tools

Property Icon
$527,000
Estimated Property Value
$407,931Estimated Mortgage Balance
$119,069Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$571,112
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$926/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,480
$474,824
2025
$178,125
$296,699
$474,824
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,480
$474,824

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ks Statebank
Va
$451,892
Yes
First
Apr 22, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,931
$119,069
22%
77%
$2,710/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,710/mo
$-1,084/mo
3.7%

City: Austin

1007&1009 Romeria DR | Property Details | No Agent List