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$400,000

NAL Estimated Property Value

10407 Abana WAY, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,814 Sq Ft
price_per_sqft$206.73 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,029 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04322309030000
Lot Number2
SubdivisionDrew Lane Condominiums
Land UseResidential
Legal DescriptionUNT 2 DREW LANE CONDOMINIUMS PLUS 3.44 % INT IN COM AREA
Census Tract031900
Assessed Land Value$174,865
Assessed Improvement Value$215,158
Assessment Year2025

About this property

Location Location Location! This LOW TAX rate property is located in between Mopac and I35 with just 23 minutes to downtown and 23 minutes to Austin Bergstrom Airport. Minutes to shopping and restaurants like HEB, Planet Fitness, Armadillo Den, The Hive, South Austin Beer Garden to name a few. This charming 3-bedroom, 2.5-bathroom home offers 1,814 square feet of comfortable living space. With a total lot size of 6,029 square feet, this property provides a great balance of indoor and outdoor living. Step inside to discover a welcoming, air-conditioned interior thats perfect for relaxing or entertaining. The open floor plan seamlessly connects the living area to the kitchen, making it easy to host gatherings or enjoy quiet evenings at home. The primary bedroom features an ensuite bathroom, offering a private retreat within the home. Tow additional bedrooms provide plenty of space for guests or a home office. A half -bath on the main level adds convenience for you and your visitors. Outside, you'll find a private outdoor space thats ideal for enjoying the Texas weather. Whether you're grilling, or gardening, or just soaking up the sun, this backyard is your personal oasis. The attached garage offers secure parking and extra storage space, making it easy to keep your home organized and clutter-free. Buyer and buyers’ agent to verify tax information and square feet.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$232,260Estimated Mortgage Balance
$167,740Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,510
$390,023
2025
$174,865
$215,158
$390,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,510
$390,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Adelo Mortgage Inc
Conventional
$235,000
No
First
Aug 14, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,260
$167,740
41%
58%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,524/mo
+$706/mo
6.7%

City: Austin

10407 Abana WAY | Property Details | No Agent List