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$390,000

1147 1/2 Gunter St, Austin, TX, 78721

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.71 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesOven, Gas Cooktop, Refrigerator
FlooringCarpet, Linoleum, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,347 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN02071704100000
Lot Number3
SubdivisionAbbate Subd
Land UseResidential
Legal DescriptionLOT 3 OLT 60 DIV A ABBATE SUBD
Census Tract002111
Assessed Land Value$254,318
Assessed Improvement Value$67,287
Assessment Year2025

About this property

This charming East Austin home is perfect for an investor looking for a great property in a very up-and-coming part of East Austin. Home is in good shape & original structure could possibly remain or tear down and build new. Currently a 2/1 with small bedroom addition in back, 1 living, 1 dining. Zoned SF-3. Lot size 6491 sq ft. Corner lot with access to Gunter and Abbate circle. Close proximity to downtown, restaurants, entertainment & shops.Restrictions: Yes

Investor Tools

Property Icon
$390,000
Estimated Property Value
$279,052Estimated Mortgage Balance
$143,604Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,170
$321,605
2025
$254,318
$67,287
$321,605
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,170
$321,605

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$279,052
No
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,396
$133,604
35%
63%
$1,674/mo

Learn About the Market: Opportunity in Austin

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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 Texas Explore This Area
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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1147 1/2 Gunter St | Property Details | No Agent List