$1,096,000
NAL Estimated Property Value1401 Payne Ave, Austin, TX, 78757
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesBuilt In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator
FlooringCarpet, Concrete, Wood
Exterior
Exterior FeaturesExterior Steps, Private Yard, Rain Gutters
Lot Size8,364 sqft
Building Information
Year Built1949
Stories2
Roof Type105
Garage Spaces2
Land Information
APN02310504150000
Lot Number1
SubdivisionViolet Crown Heights Sec 2 Resub
Land UseResidential
Legal DescriptionLOT 1 BLK M VIOLET CROWN HEIGHTS SEC 2 RESUB
Census Tract001505
Assessed Land Value$340,584
Assessed Improvement Value$541,705
Assessment Year2025
About this property
Immaculately kept home that maintains the original 1947 neighborhood style and charm from the street, but with all of the features, style & space of a modern home - house was thoroughly renovated in 2013, including a large addition, completely re-done electrical, & plumbing. Beautiful original-style oak floors in the bedrooms, and stained concrete in the living space. Automatic gate leading to the 2 car garage maximizes the back yard space. Walk to great locally-owned coffee shops! Video Tour AvailableRestrictions: Yes Sprinkler Sys:Yes
Investor Tools
$1,096,000
Estimated Property Value
$722,550Estimated Mortgage Balance
$374,908Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,576 /month
Positive
Cash Flow Estimate:
$2,192 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,820/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,365
$882,289
2025
$340,584
$541,705
$882,289
No
Tax History
Year
Tax Paid
Assessed Value
2024
$16,365
$882,289
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$810,000
No
First
Sep 4, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$722,550
$352,450
32%
66%
$4,857/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$4,857/mo
$-2,769/mo
2.3%
