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$485,000

NAL Estimated Property Value

1309 Cedar Ave B, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,080 Sq Ft
price_per_sqft$458.33 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Free Standing Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size3,023 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02101141030000
Lot NumberB
Subdivision1309 Cedar Avenue Condominiums
Land UseResidential
Legal DescriptionUNT B 1309 CEDAR AVENUE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract000803
Assessed Land Value$125,000
Assessed Improvement Value$358,637
Assessment Year2025

About this property

This home is an exquisite combination of classic design combined with modern living. Featuring a well designed floor plan making great use of space. The high ceilings, Carrera marble counters, center island, brass fixtures, SS appliances, concrete/hard floors all combine to make this home a show stopper. Alleyway access and covered metal carport and storage are just one unique qualities of this property. Located in central east Austin, minutes to DT and multiple entertainment venues and restaurants.Restrictions: Yes

Investor Tools

Property Icon
$485,000
Estimated Property Value
$331,168Estimated Mortgage Balance
$153,832Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,034/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,983
$483,637
2025
$125,000
$358,637
$483,637
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,983
$483,637

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$372,000
No
First
Aug 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,168
$153,832
31%
68%
$2,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,231/mo
$-605/mo
4.0%

City: Austin

1309 Cedar Ave B | Property Details | No Agent List