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$972,000

NAL Estimated Property Value

1116 Fairmount Ave, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.43 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
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

Property Icon
$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

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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

City: Austin

1116 Fairmount Ave | Property Details | No Agent List