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$939,000

NAL Estimated Property Value

1207 Cotton St, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,895 Sq Ft
price_per_sqft$526.65 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
HeatingHeating
CoolingCooling
AppliancesDryer, Washer Dryer Stacked, Dishwasher, Free Standing Gas Oven, Freezer, Gas Range, Oven, Refrigerator, Stainless Steel Appliances
FlooringBamboo, Carpet Free, See Remarks, Tile, Wood

Exterior

Exterior FeaturesGarden, Private Yard, Fire Pit
Lot Size4,901 sqft

Building Information

Year Built1928
Stories2
Roof Type112

Land Information

APN02070802090000
Lot Number3
SubdivisionRobertson Geo L Subd
Land UseResidential
Legal Description45.8 X 107 FT OF LOT 3 BLK 6 OLT 56 DIV B ROBERTSON GEO L SUBD
Census Tract000804
Assessed Land Value$383,584
Assessed Improvement Value$504,873
Assessment Year2025

About this property

Major price reduction. Well under TCAD appraised value. Superior east side location. Beautifully remodeled & enlarged 1928 house. Charm and character of the original with an airy modern feel. Thoughtfully designed & artfully executed update included plumbing, electric, windows, roof and foundation work. All work fully permitted. Stunning natural light. Primary bedroom upstairs sits among the trees, with vaulted ceiling; cityscape views; and direct access to deck with city views. Bonus room downstairs for office/study. Spacious work/desk area on second floor landing. Lovely screened-in back porch. Replaced windows (mostly Pella wood). Original longleaf pine floors downstairs. Smooth (no texture) sheetrock finish. Plentiful built-in shelves for books, records, art. "Secret" storage and cedar closet behind hinged bookshelves. Tons of recessed lighting, all on dimmers. Metal roof. Stacked laundry. Fully fenced yard with fire pit. Long driveway with off-street parking. Google Fiber available in the neighborhood. Located on a quiet 3-block long street, a short walk to: downtown; the Capitol; University of Texas; Moody Center; Dell Seton Medical Center; Waterloo Park; East 6th St. nightlife; and the majority of Austin’s most acclaimed restaurants (Franklin BBQ, Birdie’s, Nixta, Este, Cuanto’s Tacos, Paperboy, etc.). Backyard with shed (with storage loft) and space for an ADU, pending proposed changes to Austin's land development code (buyer to confirm).

Investor Tools

Property Icon
$939,000
Estimated Property Value
$195,151Estimated Mortgage Balance
$744,156Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,988 /month
Positive
Cash Flow Estimate:
$1,996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,717/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,911
$888,457
2025
$383,584
$504,873
$888,457
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,911
$888,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$200,500
No
First
Oct 24, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,151
$693,306
78%
21%
$1,203/mo

City: Austin

1207 Cotton St | Property Details | No Agent List