$972,000
NAL Estimated Property Value1116 Fairmount Ave, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator
FlooringTile, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size10,816 sqft
Building Information
Year Built1947
Stories2
Roof Type105
Land Information
APN03030203100000
Lot Number16,17
SubdivisionTravis Heights
Land UseResidential
Legal DescriptionLOT 16 *& E 25 FT OF LOT 17 BLK 42 TRAVIS HEIGHTS & ADJ 7.5 FT ALLEY
Census Tract001402
Assessed Land Value$672,565
Assessed Improvement Value$97,257
Assessment Year2025
About this property
Classic Travis Heights home with a detached studio! Located only minutes from downtown, South Congress shops, dining, and entertainment. This home features hardwood floors, granite countertops, screened in patio, and numerous upgrades throughout. Positioned on large landscaped lot with additional private detached office/studio that is perfect for a home office, media room, art studio, virtual school/office space, etc.
Investor Tools
$972,000
Estimated Property Value
$205,259Estimated Mortgage Balance
$767,941Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,832 /month
Positive
Cash Flow Estimate:
$1,944 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,962/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,681
$769,822
2025
$672,565
$97,257
$769,822
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,681
$769,822
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
National City Mortgage Co
Credit Line (Revolving) / Heloc
$188,400
No
First
Aug 20, 2003
Sep 2033
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,259
$684,741
76%
21%
$2,366/mo
