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$654,000

NAL Estimated Property Value

1603 Redd St, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,228 Sq Ft
price_per_sqft$293.99 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
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

Property Icon
$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

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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%

City: Austin

1603 Redd St | Property Details | No Agent List