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$686,000

NAL Estimated Property Value

1197 Sarabeth Way, Austin, TX, 78721

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,028 Sq Ft
price_per_sqft$359.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesConvection Oven, Exhaust Fan, Gas Cooktop, Microwave, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Electric Water Heater
FlooringConcrete, Tile, Wood, See Remarks

Exterior

Exterior FeaturesExterior Steps, See Remarks
Lot Size3,498 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02091602700000
Lot Number7
SubdivisionPenn Place Cottages Sec A
Land UseResidential
Legal DescriptionLOT 7 PENN PLACE COTTAGES SEC A
Census Tract002109
Assessed Land Value$206,250
Assessed Improvement Value$359,978
Assessment Year2025

About this property

Cottage style home in East Austin - 4 Br/ 2.5 Baths - 2028 Sq Ft. Come home to your own front porch and backyard on a quiet street. Quartz countertops and Whirlpool Gold appliances make a dream kitchen. High ceilings, solar panels, spray foam insulation for energy efficiency. 1 car garage with Electric Vehicle charging outlets. Commons area and community pool. Live close to all the best Austin has to offer. For more info or to schedule appt visit storybuilt.com/lucy Sprinkler Sys:Yes

Investor Tools

Property Icon
$686,000
Estimated Property Value
$464,250Estimated Mortgage Balance
$222,589Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,404/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,416
$566,228
2025
$206,250
$359,978
$566,228
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,416
$566,228

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$500,000
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,250
$173,750
27%
68%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,173/mo
$-757/mo
4.2%

City: Austin

1197 Sarabeth Way | Property Details | No Agent List