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$807,000

NAL Estimated Property Value

1406 Payne Ave, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,718 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.08 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Lot Size8,181 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN02310502060000
Lot Number7
SubdivisionViolet Crown Heights Sec 1
Land UseResidential
Legal DescriptionE40FT OF LOT 7 & W20FT OF LOT 8 BLK L VIOLET CROWN HEIGHTS SEC 1
Census Tract001505
Assessed Land Value$376,709
Assessed Improvement Value$256,089
Assessment Year2025

About this property

Charming remodeled home with 3 bedrooms/2 baths + den/office.Centrally located in Crestview/Brentwood area. Remodeled kitchen (quartz countertops & stainless appliances), remodeled baths, gleaming refinished hardwood floors throughout, replaced windows in common areas, HVAC system replaced (2013), recent interior & exterior paint. 2 spacious living areas. Enormous backyard with large Trex deck and storage shed.Lush landscaping including full irrigation system. Tankless hot water heater. A must see !Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$807,000
Estimated Property Value
$300,010Estimated Mortgage Balance
$507,599Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,842 /month
Positive
Cash Flow Estimate:
$1,614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,925
$632,798
2025
$376,709
$256,089
$632,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,925
$632,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$337,000
No
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,010
$497,990
62%
37%
$2,021/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,021/mo
+$67/mo
3.1%

City: Austin

1406 Payne Ave | Property Details | No Agent List