$494,000
NAL Estimated Property Value1507 Northridge Dr, Austin, TX, 78723
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesNone
Lot Size8,612 sqft
Building Information
Year Built1955
Stories1
Roof Type105
Garage Spaces1
Land Information
APN02231609040000
Lot Number4
SubdivisionDelwood Heights
Land UseResidential
Legal DescriptionLOT 4 BLK R DELWOOD HEIGHTS
Census Tract002104
Assessed Land Value$257,538
Assessed Improvement Value$215,016
Assessment Year2025
About this property
Lovely and classic Austin Delwood charmer! This is a rare find in Central Austin & the Mueller area. With three bedrooms & two full bathrooms. Two good sized eating areas. Large living space. Wood floors, ceramic tile floors in bathrooms, newer energy efficient (low E) vinyl windows and newer doors. The home has many updates throughout. Very private, good sized back yard. A quick commute to downtown Austin. Walk to all that the Mueller area has to offer.Restrictions: Yes
Investor Tools
$494,000
Estimated Property Value
$264,232Estimated Mortgage Balance
$229,768Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$875/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,025
$472,554
2025
$257,538
$215,016
$472,554
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,025
$472,554
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$300,500
No
First
Mar 17, 2020
Apr 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,232
$269,768
50%
53%
$1,802/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,802/mo
+$286/mo
5.1%
