$450,000
NAL Estimated Property Value1505 Waterloo TRL A, Austin, TX, 78704
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Free-Standing Range, Water Heater
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesBalcony, Private Yard
Lot Size3,498 sqft
Building Information
Year Built1982
Stories2
Roof Type105
Garage Spaces1
Land Information
APN04040745020000
Lot NumberA
Subdivision1505 Waterloo Trail Condominiums
Land UseResidential
Legal DescriptionUNT A 1505 WATERLOO TRAIL CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001304
Assessed Land Value$187,500
Assessed Improvement Value$226,733
Assessment Year2025
About this property
Adorable, updated 1/2 duplex/condo unit. High-end cherry wood flooring, updated kitchen and baths, private backyard, multiple outdoor decks, storage space, walk-in pantry, and a garage with new garage door! Walk to South Lamar businesses and entertainment. This area feeds into sought-after Zilker schools. Great rental potential. Great investment. Ready for immediate move-in.
Investor Tools
$450,000
Estimated Property Value
$222,876Estimated Mortgage Balance
$227,124Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$715/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,331
$414,233
2025
$187,500
$226,733
$414,233
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,331
$414,233
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$254,000
No
First
Feb 24, 2020
Mar 2035
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,876
$227,124
50%
50%
$1,523/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,523/mo
+$397/mo
5.1%
