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$662,000

NAL Estimated Property Value

1107 Payne Ave, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,440 Sq Ft
price_per_sqft$340.21 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesExhaust Fan, Microwave, Free-Standing Range, Self Cleaning Oven
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size14,375 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02290709830000
SubdivisionReservoir Heights
Land UseResidential
Legal Description0.3300 AC OF BLK 1 RESERVOIR HEIGHTS
Census Tract001505
Assessed Land Value$416,014
Assessed Improvement Value$231,856
Assessment Year2025

About this property

Beautiful updated bungalow in the heart of Crestview. Exterior painted 2019, recently remodeled kitchen opens to living and den with french doors. Large lot to give plenty of space to entertain. This home has been well-cared for and ready for the next owners.Restrictions: Yes

Investor Tools

Property Icon
$662,000
Estimated Property Value
$396,075Estimated Mortgage Balance
$266,756Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,972 /month
Positive
Cash Flow Estimate:
$1,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,691
$647,870
2025
$416,014
$231,856
$647,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,691
$647,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$450,440
No
First
Feb 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,075
$251,795
38%
60%
$2,701/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,701/mo
$-613/mo
3.8%

Learn About the Market: Opportunity in Austin

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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.

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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 Payne Ave | Property Details | No Agent List