Last 24 Hours
$2,650,000
NAL Estimated Property Value1511 E 6th ST, Austin, TX, 78702
Off Market
Commercial
— Beds
— Bath
6,606 Sq Ft
$401.15 / sqft
Built in 1914Highlights
Interior
Bedrooms —
Bathrooms —FlooringCarpet, Concrete, Tile, Wood
Exterior
Exterior FeaturesNone
About this property
POTENTIAL, POTENTIAL, POTENTIAL. Well known established restaurant business 60+ years. Long term employees. Fabulous food menu. Income producing unit upstairs(outside entry)with 5 bedrooms 2 baths & efficiency kitchen. There is also a bar (The Eastern), currently leased for $2250 p/mo. Bar has separate entry & outdoor patio. Property has potential for multiple uses. Across from The Arnold "coolest apartments, great location, best amenities". Minutes from downtown Austin. Make this your own landmark!FEMA - Unknown Restrictions: Yes
Investor Tools
$2,650,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,650,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,900 /month
Positive
Cash Flow Estimate:
$5,300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%