$390,000
NAL Estimated Property Value1147 1/2 Gunter St, Austin, TX, 78721
$481,896 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerVacant Homes
Highlights
Interior
AppliancesOven, Gas Cooktop, Refrigerator
FlooringCarpet, Linoleum, Wood
Exterior
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
$390,000
Estimated Property Value
$246,396Estimated Mortgage Balance
$143,604Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$481,896
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,340 /month
Positive
Cash Flow Estimate:
$780 /month
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
