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$309,000

NAL Estimated Property Value

1420 Lorraine LOOP A, Austin, TX, 78758

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,365 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$238.1 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size3,585 sqft

Building Information

Year Built2012
Stories3
Roof Type105
Garage Spaces1

Land Information

APN02471413120000
Lot Number1420A
SubdivisionNorthedge Condominium
Land UseTownhomes
Legal DescriptionUNT 1420A NORTHEDGE CONDOMINIUM PLUS 3.5714 % INT IN COM AREA
Census Tract040800
Assessed Land Value$35,850
Assessed Improvement Value$251,540
Assessment Year2025

About this property

Modern lock & leave condo has been immaculately maintained by the original owner and is ready for its next chapter. Check out the 360° tour! 3 stories, both bedrooms + cozy office nook on top floor. Spacious kitchen has stainless steel appliances & opens to living/dining. Attached 1-car garage. Super convenient: 2.3 mi from The Domain, within 2 mi of several breweries, and 2.6 mi from the beautiful Walnut Creek Metro Park. This quiet gated community has friendly neighbors & a fenced dog park. Sprinkler Sys:Yes

Investor Tools

Property Icon
$309,000
Estimated Property Value
$256,898Estimated Mortgage Balance
$52,102Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,560
$287,390
2025
$35,850
$251,540
$287,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,560
$287,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$289,750
No
First
Jun 1, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,898
$52,102
16%
83%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,738/mo
$-112/mo
6.3%

City: Austin

1420 Lorraine LOOP A | Property Details | No Agent List