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$1,096,000

NAL Estimated Property Value

1401 Payne Ave, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,554 Sq Ft
price_per_sqft$362.18 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
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

Property Icon
$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

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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%

City: Austin

1401 Payne Ave | Property Details | No Agent List