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$414,000

NAL Estimated Property Value

1604 Morgan LN B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,160 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$495.69 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard
Lot Size4,086 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04060913030000
Lot NumberB
Subdivision1604 Morgan Lane Condominiums
Land UseResidential
Legal DescriptionUNT B 1604 MORGAN LANE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$157,500
Assessed Improvement Value$217,962
Assessment Year2025

About this property

Welcome to 1604 Morgan Lane- Unit B. Located in the highly desirable zip code of 78704, this property is in the perfect location with easy access to South Lamar, South First, Downtown Austin and easy highway access. This condo offer 2 bedrooms and 2.5 baths with new flooring throughout, updated bathrooms, interior paint, and fully private backyard and landscaping. This unit has a fully open floorplan that is perfect for entertaining. Enjoy your private backyard that offers a covered pergola, artificial grass and zero scaping for easy care, and tall privacy fences on both sides.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$377,220Estimated Mortgage Balance
$36,780Estimated Equity
8% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,705
$375,462
2025
$157,500
$217,962
$375,462
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,705
$375,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Financial Corp
Conventional
$410,000
No
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,220
$36,780
8%
91%
$2,459/mo

City: Austin

1604 Morgan LN B | Property Details | No Agent List