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$600,000

120 El Paso St, Austin, TX, 78704

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths806 Sq Ft
price_per_sqft$744.42 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesSee Remarks
FlooringSee Remarks

Exterior

Exterior FeaturesSee Remarks
Lot Size5,920 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04050308480000
Lot Number3
SubdivisionBrinwood Sec 3
Land UseResidential
Legal DescriptionLOT 3 BLK 9 BRINWOOD SEC 3
Census Tract001308
Assessed Land Value$376,418
Assessed Improvement Value$164,610
Assessment Year2025

About this property

Build new in the heart of 78704! Rare opportunity to secure a prime homesite in the sought-after Brinwood neighborhood, one of South Austin's most desirable and rapidly evolving areas. Situated on a generous lot on a quiet street with no through traffic, this property sits at approximately 620 feet in elevation, among the highest points in the area, offering the potential for panoramic Downtown Austin views from a thoughtfully designed multi-story custom home. Surrounded by a blend of charming original homes, beautifully renovated residences, and exceptional new construction, this property presents an outstanding opportunity for builders, investors, or buyers looking to create a one-of-a-kind home in a premier location. Enjoy an unbeatable lifestyle just a short walk from South Congress, with easy access to its renowned restaurants, boutiques, coffee shops, and entertainment. Downtown Austin, Lady Bird Lake, and The University of Texas are all just minutes away, making this one of the city's most desirable locations for both everyday living and long-term investment. Value is in the land. Existing structure is a teardown and is being sold as-is.

Investor Tools

$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Kevin McCord

Bramlett Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,042
$541,028
2025
$376,418
$164,610
$541,028
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,042
$541,028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$639,000
100%
0%
$0/mo

City: Austin

120 El Paso St | Property Details | No Agent List