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Owner Contacts

$474,000

NAL Estimated Property Value

1109 Mahan DR A, Austin, TX, 78721

Off Market

3 Beds

3 Bath

1,489 Sq Ft

$379.45 / sqft

Built in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating

Cooling

AppliancesDryer, Dishwasher, Exhaust Fan, Disposal, See Remarks, Stainless Steel Appliances

FlooringConcrete, Tile

Exterior

Exterior FeaturesBalcony, No Exterior Steps, See Remarks

Lot Size3,629 sqft

Building Information

Year Built2015

Stories3

Roof Type105

Land Information

APN02041911020000

Lot NumberA

SubdivisionMahan Villas Condominiums

Land UseResidential

Legal DescriptionUNT A MAHAN VILLAS CONDOMINIUMS PLUS 25.0 % INT IN COM AREA

Census Tract002111

Assessed Land Value$145,186

Assessed Improvement Value$281,324

Assessment Year2025

About this property

Welcome to this naturally lit, bright and modern home that boasts a beautiful green space view from the back patio and upstairs balcony. Pride in ownership is apparent throughout and the smartly designed kitchen and living room combination is perfect for entertaining. Location, location, location! The home is minutes from downtown Austin, AIBA and is surrounded by all the popular East Austin hangouts. From top rated local restaurants, breweries, and coffee shops, to Govalle and Mueller Park. 1109 Mahan Dr is located in one of the most desirable areas in all of Austin. STR's allowed!!! $247/month HOA fee includes exterior water, garden lights, common area maintenance, landscaping, exterior structure insurance. Must come and see for yourself! A true gem!

Investor Tools

$474,000

Estimated Property Value

$472,154Estimated Mortgage Balance

$1,846Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,390 /month

Positive

Cash Flow Estimate:

$1,130 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$952/month

$247/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,051

$426,510

2025

$145,186

$281,324

$426,510

Tax History

Year

Tax Paid

Assessed Value

2024

$9,051

$426,510

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Swbc Mortgage Corp

Conventional

$504,000

First

Oct 17, 2022

Nov 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$472,154

$1,846

100%

$3,022/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$3,269/mo

$-1,181/mo

5.3%

Learn About the Market: Opportunity in Austin

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