$1,301,000
NAL Estimated Property Value1227 Newning Ave 2, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Water Heater
FlooringCarpet, Concrete, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size4,347 sqft
Building Information
Year Built2012
Stories2
Roof Type105
Garage Spaces2
Land Information
APN03010213030000
Lot Number2
SubdivisionOaks At 1227 Condominiums The Amended
Land UseResidential
Legal DescriptionUNT 2 BLD B OAKS AT 1227 CONDOMINIUMS THE AMENDED PLUS 10.0 % INT IN COM AREA
Census Tract001401
Assessed Land Value$304,442
Assessed Improvement Value$1,147,869
Assessment Year2025
About this property
Fabulous location in Travis Heights. Walk to South Congress to all the restaurants and shopping. Very upscale 10 unit condo development. Free standing condo with a private yard. Lots of trees. Very comfortable. Open floorplan. Main floor has kitchen that opens to the living and dining. Fabulous playroom, media room and bar downstairs. Fabulous for entertaining. Perfect place for proximity to downtown, Lady Bird Lake trails and South Congress.Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$1,301,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,301,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,806 /month
Positive
Cash Flow Estimate:
$2,602 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,636/month
$178/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,130
$1,202,611
2025
$304,442
$1,147,869
$1,452,311
No
Tax History
Year
Tax Paid
Assessed Value
2024
$13,130
$1,202,611
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,301,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$178/mo
+$2,672/mo
2.6%
