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$602,003

NAL Estimated Property Value

1502 Madison Ave, Austin, TX, 78757

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$551.47 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free-Standing Range, Refrigerator
FlooringLaminate, Linoleum, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,858 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02350813170000
Lot Number38
SubdivisionCrestview Addn Sec 5
Land UseResidential
Legal DescriptionLOT 38 BLK J CRESTVIEW ADDN SEC 5
Census Tract001504
Assessed Land Value$463,936
Assessed Improvement Value$138,067
Assessment Year2025

About this property

Set in the heart of Crestview, this classic 1950s bungalow offers 2 bedrooms, 1 bath, and timeless appeal in one of Austin's most walkable and well-loved neighborhoods. Located on a generous .18 acre flat lot, there's plenty of room to add-on or build new. Inside, original wood floors, built-in features, and a vintage bathroom give the home a sense of character. Outside is a covered back deck overlooking the spacious yard. A bonus storage room (11.5 ft x 10 ft) adds additional space and flexibility. Crestview offers easy, everyday accessibility with a strong sense of community. From this location, you’re within walking distance to Crestview Shopping Center and local spots like Little Deli, Violet Crown Wine Bar & Coffee Shop, and Fresh Plus. Crestview Station is also nearby, with both bus and rail connections. This is a great place to live and an excellent long-term investment.

Investor Tools

Property Icon
$602,003
Estimated Property Value
$278,598Estimated Mortgage Balance
$323,405Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,612 /month
Positive
Cash Flow Estimate:
$1,204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,048
$602,003
2025
$463,936
$138,067
$602,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,048
$602,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
One Reverse Mortgage Llc
Reverse Mortgage / Hecm
$412,500
No
First
Dec 9, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,598
$323,405
53%
46%
$1,639/mo

City: Austin

1502 Madison Ave | Property Details | No Agent List