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Owner Contacts

$339,000

1147 Gunter St, Austin, TX, 78721

Off Market

2 Beds

1 Bath

720 Sq Ft

Single Family Residence

$534.72 / sqft

Built in 1928

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

AppliancesFree-Standing Range

FlooringWood

Exterior

Private Pool

Exterior FeaturesNone

Lot Size8,494 sqft

Building Information

Year Built1928

Stories1

Roof Type105

Garage Spaces1

Land Information

APN02071703390000

Lot Number1

SubdivisionSmith V E Subd Sec 1

Land UseResidential

Legal DescriptionLOT 1 OLT 57&60 DIV A SMITH V E SUBD SEC 1

Census Tract002111

Assessed Land Value$276,544

Assessed Improvement Value$42,638

Assessment Year2025

About this property

Position yourself in one of Austin’s fastest-growing neighborhoods. East Austin is seeing explosive development, and this property offers unmatched flexibility with strong rental demand, excellent ROI potential, and unbeatable proximity to Downtown, UT, the airport, and East Austin hotspots. Just a block from the Springdale Green, Lift ATX, and Givens Park, the neighborhood is highly walkable and bikeable. Zoned SF-3, the lot allows up to three units under Austin’s new HOME ordinance (effective Feb 2024) or enjoy a vintage home until the time is ready. Options include duplexes, single-family attached, two-family residential, or even short-term rentals. A prime chance to create, invest, and capture value in one of Austin’s most desirable emerging markets!

Investor Tools

$339,000

Estimated Property Value

$360,000Estimated Mortgage Balance

$0Estimated Equity

-6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,310 /month

Positive

Cash Flow Estimate:

$770 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$701/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,712

$319,182

2025

$276,544

$42,638

$319,182

Tax History

Year

Tax Paid

Assessed Value

2024

$6,712

$319,182

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$351,000

100%

$0/mo

Learn About the Market: Opportunity in Austin

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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.

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