$1,442,848
NAL Estimated Property Value1605 Summit St, Austin, TX, 78741
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Water Heater
FlooringCarpet, Tile, Vinyl
Exterior
Exterior FeaturesNone
Lot Size7,405 sqft
Building Information
Year Built2010
Stories2
Roof Type112
Land Information
APN01010112040000
SubdivisionBouldin J E Estate
Land UseResidential
Legal Description0.1700 AC OF BLK 1-C BOULDIN J E ESTATE
Census Tract001403
Assessed Land Value$596,150
Assessed Improvement Value$846,698
Assessment Year2025
About this property
Duplex 5 min to downtown, walk to Town Lake. Large townhome style updated units with nice large bdrms and closets Both sides extensively updated in 2020. Indoor w/d connects. Balcony with downtown view from front bedrooms. Downtown view from downstairs living window side A. Large eat-in kitchens. Much new development and retail happening along the Riverside area. Ready for Owner-Occupant or Investor.Restrictions: Yes
Investor Tools
$1,442,848
Estimated Property Value
$679,656Estimated Mortgage Balance
$763,192Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,657 /month
Positive
Cash Flow Estimate:
$2,886 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,503/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,826
$1,442,848
2025
$596,150
$846,698
$1,442,848
No
Tax History
Year
Tax Paid
Assessed Value
2024
$22,826
$1,442,848
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Unknown
$736,000
No
First
Apr 26, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$679,656
$763,192
52%
47%
$4,413/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$4,413/mo
$-1,997/mo
2.0%
