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$419,000

NAL Estimated Property Value

1313 Delano St, Austin, TX, 78721

Off MarketInfo
Baths2 Bath
Baths2,082 Sq Ft
TriplexTriplex
price_per_sqft$216.14 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Oven, Refrigerator
FlooringTile, Vinyl, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,817 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN02102102290000
Lot Number3
SubdivisionLincoln Gardens No 1
Land UseResidential
Legal DescriptionLOT 3 BLK 6 LINCOLN GARDENS NO 1
Census Tract002110
Assessed Land Value$234,064
Assessed Improvement Value$184,328
Assessment Year2025

About this property

Welcome to 1313 Delano St, a prime investment opportunity in a rapidly growing area. This triplex offers excellent versatility with one efficiency unit, a 2/1 and 3/2, making it ideal for both owner-occupants and investors looking to add strong rental income to their portfolio. Units A and C have been freshly painted, giving them a bright, move-in-ready feel. The property has solid bones, dependable rental potential, and the flexibility to generate immediate cash flow. Whether you’re looking to renovate further, hold long-term, or maximize returns through short- or mid-term rental strategies, this property provides the foundation to make it happen. With its desirable layout, attractive updates, and location close to major amenities, 1313 Delano St is priced to sell. Don’t miss your chance to secure a multi-unit asset with upside in one of the most convenient pockets of the city.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$134,499Estimated Mortgage Balance
$311,501Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,544
$418,392
2025
$234,064
$184,328
$418,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,544
$418,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jay S Watnick Etux
Unknown
$186,144
No
First
Nov 15, 2013
Nov 2014

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,499
$311,501
69%
32%
$1,117/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1313 Delano St | Property Details | No Agent List