1view

$500,000

1417 Lorraine LOOP 1417, Austin, TX, 78758

Off Market

3 Beds

3 Bath

1,474 Sq Ft

Condos / Townhouses

$234.06 / sqft

Built in 2013

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Water Heater

FlooringConcrete, Wood

Exterior

Private Pool

Exterior FeaturesNone

Lot Size3,585 sqft

Building Information

Year Built2013

Stories2

Roof Type105

Garage Spaces1

Land Information

APN02471413180000

Lot Number1417

SubdivisionNorthedge Condominium

Land UseResidential

Legal DescriptionUNT 1417 NORTHEDGE CONDOMINIUM PLUS 3.5714 % INT IN COM AREA

Census Tract040800

Assessed Land Value$35,850

Assessed Improvement Value$277,155

Assessment Year2025

About this property

CURRENT TENANT IN PLACE UNTIL AUGUST 2021 PAYING $2,000/MONTH - CONDO CAN COME FURNISHED AS WELL - Upscale contemporary condo in private gated community just minutes from The Domain, Metro Rail, Austin FC stadium, entertainment, shopping, retail and more. This stunning 3 Bedroom / 3 Bath stand alone unit in the rarely available Northedge Domain subdivision features, polished concrete floors, island kitchen with quartz coutertops and stainless appliances, custom window coverings, ceiling fans, wine refrigerator and stackable w/d hookups. The back yard is spacious, gated and backs to private property. Detached 1 car garage directly outside the front door. Energy efficient with Rianni tank less water heater, fully encapsulated attic and digital programmable thermostats.

Investor Tools

$500,000

Estimated Property Value

$0Estimated Mortgage Balance

$500,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,000 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$761/month

$190/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,637

$313,005

2025

$35,850

$277,155

$313,005

Tax History

Year

Tax Paid

Assessed Value

2024

$6,637

$313,005

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$500,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$190/mo

+$1,898/mo

5.0%

Learn About the Market: Opportunity in Austin

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