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$731,000

1107 Myrtle St, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.26 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling

Exterior

Lot Size4,787 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN02080615020000
Lot Number48
SubdivisionDivision B
Land UseResidential
Legal DescriptionN84FT AV OF LOT 48 OLT 55 DIVISION B
Census Tract000804
Assessed Land Value$381,171
Assessed Improvement Value$277,020
Assessment Year2025

About this property

Incredible opportunity to add value with complete rehab on this amazing home. Choose your own design or tear down and build new on a prime lot in downtown Austin!Restrictions: Yes

Investor Tools

Property Icon
$731,000
Estimated Property Value
$288,000Estimated Mortgage Balance
$466,026Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,386 /month
Positive
Cash Flow Estimate:
$1,462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,584
$658,191
2025
$381,171
$277,020
$658,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,584
$658,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Commercial
$288,000
No
First
Feb 18, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,464
$432,536
61%
36%
$1,727/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1107 Myrtle St | Property Details | No Agent List