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$796,000

NAL Estimated Property Value

1500 W Lynn ST 3, Austin, TX, 78703

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,261 Sq Ft
price_per_sqft$348.85 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesConvection Oven, Double Oven, Dishwasher, Electric Water Heater, Free Standing Range, Refrigerator, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesNone
Lot Size2,235 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01120204080013
Lot Number3
SubdivisionFifteen Hundred West Lynn Condominiums
Land UseTownhomes
Legal DescriptionUNT 3 BLD A FIFTEEN HUNDRED WEST LYNN CONDOMINIUMS PLUS 8.5202% INT IN COMMON AREA
Census Tract001605
Assessed Land Value$2,237
Assessed Improvement Value$461,763
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION. This beautifully maintained complex is close to downtown on the corner of Enfield and West Lynn. Spacious 2 bedroom, 2 1/2 bath with flexible loft space & an oversized 2 car garage. Upgraded kitchen with granite, gorgeous tile flooring, stainless steel appliances & microwave/convection oven. Wood flooring throughout. Master bathroom renovated with huge walk in shower. Nest thermostat & outside security camera. The second bedroom has a Murphy bed for a study/guest room.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$796,000
Estimated Property Value
$414,717Estimated Mortgage Balance
$381,283Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,776 /month
Positive
Cash Flow Estimate:
$1,592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
$392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,775
$464,000
2025
$2,237
$461,763
$464,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,775
$464,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Stand Alone First / Home Equity First Lien
$463,050
No
First
Nov 2, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,717
$381,283
47%
52%
$2,777/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$3,169/mo
$-1,459/mo
2.6%

City: Austin