A+

NoAgentList RatingHow are grades calculated?

1view

$1,303,000

1118 3/4 Gunter St, Austin, TX, 78702

Off Market

6 Beds

3 Bath

2,552 Sq Ft

Single Family Residence

$329.15 / sqft

Built in 1938

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6

Bathrooms Full 2.5

Heating

Cooling

AppliancesBar Fridge, Dishwasher, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s)

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Private Yard

Lot Size9,527 sqft

Building Information

Year Built2023

Stories2

Land Information

APN02061504060000

Lot Number3

SubdivisionPickle Clara Subd

Land UseResidential

Legal DescriptionLOT 3 BLK 2 OLT 48&49 DIV A PICKLE CLARA SUBD

Census Tract000801

Assessed Land Value$340,509

Assessed Improvement Value$876,268

Assessment Year2025

About this property

Location.Location.Location! Rare opportunity to own a large private lot in the heart of hot east Austin district! Only minutes to downtown, biking, hiking trails, restaurants, shops, urban farms & airport and if you like rock climbing the Austin Bouldering Project is walking distance. This property has two homes connected - the original front home is 2 bedroom, 1 bathroom, kitchen and living room. The back (added on home) is 4 bedrooms, 2 full bathrooms, kitchen and living room. Amazing size back yard. 9,527 square feet lot size. Great remodel project. More than enough room to add on to the current structure, or to tear down & rebuild two homes. Endless possibilities here. Owners will require a 2 months lease back. Sold as-is

Investor Tools

$1,303,000

Estimated Property Value

$1,554,000Estimated Mortgage Balance

$0Estimated Equity

-19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,818 /month

Positive

Cash Flow Estimate:

$2,606 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,903/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$16,320

$1,216,777

2025

$340,509

$876,268

$1,216,777

Tax History

Year

Tax Paid

Assessed Value

2024

$16,320

$1,216,777

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loan Ranger Capital Llc

Purchase Money Mortgage

$1,554,000

First

May 18, 2023

Jun 2024

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,473,534

N/A

113%

$9,318/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$9,318/mo

$-7,230/mo

1.9%

Learn About the Market: Opportunity in Austin

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 This Area