$3,055,000
NAL Estimated Property Value1420 Preston Ave, Austin, TX, 78703
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Cooktop, Dishwasher, Disposal, Double Oven, Refrigerator, Self Cleaning Oven, Wine Refrigerator
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesNone
Lot Size10,306 sqft
Building Information
Year Built1985
Stories1
Roof Type105
Garage Spaces2
Land Information
APN01160002380000
Lot Number1-2
SubdivisionPemberton Heights Sec 8
Land UseResidential
Legal DescriptionE 40 FT OF LOT 1 & W 35 FT OF LOT 2 BLK 17 PEMBERTON HEIGHTS SEC 8
Census Tract001603
Assessed Land Value$1,180,630
Assessed Improvement Value$740,504
Assessment Year2025
About this property
Incredible opportunity on premier street in Pemberton Heights. This stately home has character and elegance that can not be replaced. Exceptional features include: Gracious entry, well appointed formals, spacious rooms, flowing floorplan, many windows, gourmet kitchen, screened porch and master suite down.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$3,055,000
Estimated Property Value
$1,836,687Estimated Mortgage Balance
$1,218,313Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,330 /month
Positive
Cash Flow Estimate:
$6,110 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,308/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,423
$1,921,134
2025
$1,180,630
$740,504
$1,921,134
No
Tax History
Year
Tax Paid
Assessed Value
2024
$24,423
$1,921,134
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$1,106,732
No
First
Jan 20, 2022
Feb 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,836,687
$1,250,313
40%
60%
$9,627/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$9,627/mo
$-7,087/mo
1.0%
