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$2,569,000

NAL Estimated Property Value

1305 Lorrain ST House+A+B+C, Austin, TX, 78703

Off MarketInfo
Beds12 Beds
Baths6 Bath
Baths6,246 Sq Ft
price_per_sqft$415.47 / sqft
Year BuiltBuilt in 1918

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 12Bedrooms 12
Bathrooms Full 2.75Bathrooms Full 2.75
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Oven, Range, Range Hood
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesExterior Steps, Private Yard
Lot Size19,162 sqft

Building Information

Year Built1918
Stories2
Roof Type105
Garage Spaces4

Land Information

APN01100107270000
Lot Number8
SubdivisionEnfield A
Land UseResidential
Legal DescriptionLOT 8 OLT 7 DIV Z ENFIELD A
Census Tract001605
Assessed Land Value$1,221,788
Assessed Improvement Value$1,180,192
Assessment Year2025

About this property

Motivated Seller. Seller financing is available with an assumable 4.5% mortgage. Amazing Large 6 bed 3 bath house + three 1100 sq feet 2 bed 1 bath separate units on a large lot in an amazing location. The house has an exceptional kitchen, hardwood floors, high ceilings, large open windows, and a cozy patio with an enclosed backyard surrounded by tall shaded trees, located in the sought-after Clarksville area, close to Whole Foods Market and just a 5-minute drive to downtown Austin, UT and easy access to MoPac. The main house or any one of the 2/1s behind can be owner-occupied and the rest rented for a great cash flow while living in one of the best central areas of Austin. All units are currently leased until August 2025. Ask us about the rent details! the 2/1s get $2595/mo per unit rent and the front house is at $8,500/mo. Lots of possibilities from upgrades to Cap x or adding additional sq footage or units to the existing property.

Investor Tools

Property Icon
$2,569,000
Estimated Property Value
$1,761,537Estimated Mortgage Balance
$807,463Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,570 /month
Positive
Cash Flow Estimate:
$5,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,070/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,401,980
2025
$1,221,788
$1,180,192
$2,401,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$2,401,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kegan Rodrigues & Wife Victoria Rodrigue
Stand Alone First / Home Equity First Lien
$1,818,430
No
First
Aug 16, 2024
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,761,537
$807,463
31%
69%
$10,903/mo

City: Austin

1305 Lorrain ST House+A+B+C | Property Details | No Agent List