$479,000
NAL Estimated Property Value1602 Colony Creek Dr, Austin, TX, 78758
Off Market
Property Lead Type:
Deal ListAbsentee Owner
Highlights
Interior
AppliancesGas Cooktop, Dishwasher, Disposal, Oven, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Laminate, Tile
Exterior
Exterior FeaturesPrivate Yard
Lot Size9,357 sqft
Building Information
Year Built1969
Stories1
Roof Type105
Garage Spaces2
Land Information
APN02421201040000
Lot Number4
SubdivisionQuail Creek West Sec 1
Land UseResidential
Legal DescriptionLOT 4 BLK F QUAIL CREEK WEST SEC 1
Census Tract040700
Assessed Land Value$212,738
Assessed Improvement Value$237,314
Assessment Year2025
About this property
Fantastic north Austin home featuring brand new Aquaguard laminate in living spaces, brand new carpet in bedrooms, brand new AC and water heater, and stunning, spacious kitchen w/ stainless appliances, subway tile backsplash, & sunny breakfast area. Great location, easy access to 183, walking distance to Coco's Cafe & Ramen Tatsu-ya, 5 minutes to The Shops at Arbor Walk, 15 minutes to UT & downtown, and fewer than ten minutes to tons of great shopping & eateries at The Arboretum & The Domain.Restrictions: Yes
Investor Tools
$479,000
Estimated Property Value
$340,920Estimated Mortgage Balance
$138,080Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,261
$450,052
2025
$212,738
$237,314
$450,052
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,261
$450,052
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Purchase Money Mortgage
$378,400
No
First
Mar 30, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,920
$109,132
24%
71%
$2,269/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,269/mo
+$147/mo
6.1%
