7view

Owner Contacts

$640,712

NAL Estimated Property Value

1206 Delano ST 1, Austin, TX, 78721

Off Market

4 Beds

4 Bath

1,911 Sq Ft

$365.52 / sqft

Built in 2023

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Private Yard

Lot Size2,927 sqft

Building Information

Year Built2023

Stories3

Garage Spaces1

Land Information

APN02092306020000

Subdivision1206 Delano Street Site Condominiums

Land UseCondo

Legal Description1206 DELANO STREET SITE CONDOMINIUMS UNT 1 PLUS 50.0000 % INT IN COM AREA

Census Tract002110

Assessed Land Value$112,500

Assessed Improvement Value$528,212

Assessment Year2025

About this property

Builder Rate Buydown - Rates ~5.75% possible w/ preferred lender for qualified buyers! Fridge included! Brand new construction from Carr Residential. Backed by 1-2-10 Warranty. Extremely rare to find 4 Bed/ 4 Full Bath in 78721. Panoramic views with a peek at downtown. Features include beautiful hardwood floors throughout, quartz countertops, and a Whirlpool stainless steel appliance package. Spray foam insulation, tankless hot water, and EV charger in the garage. Easy access to 183, minutes to Springdale Greens, Tesla, and everything East Austin has to offer.. Multiple new homes coming soon on the street *Site Condo - No HOA dues* To access disclosures and other details about this property, go to: https://wkf.ms/3PTd8Hq

Investor Tools

$640,712

Estimated Property Value

$635,706Estimated Mortgage Balance

$5,006Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,191 /month

Positive

Cash Flow Estimate:

$1,397 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,456/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$14,270

$640,712

2025

$112,500

$528,212

$640,712

Tax History

Year

Tax Paid

Assessed Value

2024

$14,270

$640,712

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Low Va Rates Llc

Conventional

$663,722

First

Jan 5, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$635,706

$5,006

99%

$3,980/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,416/mo

$3,980/mo

$-1,564/mo

4.5%

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