Last 24 Hours
$2,312,000
NAL Estimated Property Value1609 Northwood Rd, Austin, TX, 78703
Off Market
4 Beds
3 Bath
2,634 Sq Ft
$569.48 / sqft
Built in 1937Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
Bedrooms 4
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating
CoolingAppliancesDishwasher, Disposal, Water Heater
FlooringCarpet, Cork, Linoleum, Parquet, Tile, Wood
Exterior
Private PoolExterior FeaturesRain Gutters
Lot Size11,056 sqft
Building Information
Year Built1937
Stories2
Roof Type105
Garage Spaces2
Land Information
APN01180101040000
Lot Number5
SubdivisionEdgemont
Land UseResidential
Legal DescriptionE 50 FT OF LOT 5 *& W 25 FT OF LOT 6 BLK 5 EDGEMONT
Census Tract001603
Assessed Land Value$1,001,465
Assessed Improvement Value$748,781
Assessment Year2025
About this property
Bring your architect, vision and builder to see this treasured Central Austin home lovingly owned by the same family since 1959! Fabulous Pemberton location, on a tree-lined street close to downtown, is ready for either a total renovation or new build. If you decide to renovate the original hardwood floors are already there for you throughout much of the home. Lovely family room with fireplace and lots of windows throughout. One-quarter acre lot features a large backyard pool and patio. Don't miss this opportunity in one of Central Austin's most coveted neighborhoods!
Investor Tools
$2,312,000
Estimated Property Value
$2,299,998Estimated Mortgage Balance
$15,936Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,872 /month
Positive
Cash Flow Estimate:
$4,624 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,788/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45,898
$1,750,246
2025
$1,001,465
$748,781
$1,750,246
No
Tax History
Year
Tax Paid
Assessed Value
2024
$45,898
$1,750,246
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$2,429,730
No
First
May 17, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,299,998
$234,002
9%
99%
$14,568/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$14,568/mo
$-12,028/mo
1.3%
12.4%