$654,000
NAL Estimated Property Value1603 Redd St, Austin, TX, 78745
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesFree-Standing Range, Refrigerator
FlooringVinyl, Wood
Exterior
Exterior FeaturesBalcony, Private Yard
Lot Size14,384 sqft
Building Information
Year Built1953
Stories1
Roof Type105
Garage Spaces4
Land Information
APN04091004050000
Lot Number5
SubdivisionFord Place 2
Land UseResidential
Legal DescriptionLOT 5 BLK D FORD PLACE 2
Census Tract002002
Assessed Land Value$386,289
Assessed Improvement Value$235,581
Assessment Year2025
About this property
Rare opportunity to purchase in 78745. TEXT SEELY9 TO 88000 FOR INFO. This single story home sits on a .33acre lot. Front house offers 3bedrooms, 2bathrooms, open layout, and flex space. Guest home features 2bedrooms, 2bathrooms, granite countertops, bamboo flooring, and w/d connections. Get creative with the 300sqft air-conditioned flex space...can be used for 2ndary income, office or guest home - Complete with kitchenette and bathroom. 3- car garage, storage shed, private backyard. MIN. TO DT AUSTINGuest Accommodations: Yes Restrictions: Yes
Investor Tools
$654,000
Estimated Property Value
$396,407Estimated Mortgage Balance
$257,593Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,276/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,038
$621,870
2025
$386,289
$235,581
$621,870
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,038
$621,870
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$457,600
No
First
Aug 8, 2019
Sep 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,407
$531,593
57%
61%
$2,744/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$2,744/mo
$-544/mo
4.0%
