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$395,000

NAL Estimated Property Value

1501 Merchants Tale Ln, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,590 Sq Ft
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Oven, Washer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesNone
Lot Size7,209 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04362315210000
Lot Number21
SubdivisionCanterbury Trails Sec Iv
Land UseResidential
Legal DescriptionLOT 21 BLK C CANTERBURY TRAILS SEC IV
Census Tract033200
Assessed Land Value$150,000
Assessed Improvement Value$224,735
Assessment Year2025

About this property

Incredible value in this beautiful South Austin home, located in the desirable Canterbury Trails neighborhood. Original owners, the roof is less than a year old, AC unit is new, carpet is recent. Home boasts a great floor plan, a big lot and a covered patio to boot. Please have all parties wear a mask. Shoe covers/mask/gloves at front table for use.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$349,953Estimated Mortgage Balance
$45,047Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,791
$374,735
2025
$150,000
$224,735
$374,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,791
$374,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$382,500
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,953
$41,047
10%
89%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,494/mo
$-264/mo
6.8%

City: Austin

1501 Merchants Tale Ln | Property Details | No Agent List