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$354,635

NAL Estimated Property Value

1609 Redwater DR 155, Austin, TX, 78748

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,438 Sq Ft
price_per_sqft$278.09 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,736 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04322105150000
Lot Number155
SubdivisionSweetwater Glen Condominiums Amended
Land UseResidential
Legal DescriptionUNT 155 SWEETWATER GLEN CONDOMINIUMS AMENDED PLUS .3953 % INT IN COM AREA
Census Tract031900
Assessed Land Value$40,015
Assessed Improvement Value$314,620
Assessment Year2025

About this property

Welcome to 1609 Redwater Drive, located in Sweetwater Glen. Sweetwater Glen is located between IH-35 and Mopac, making commuting and getting around town a breeze! Within walking distance of the Moontower Saloon, the new Armadillo Den, restaurants, HEB, Capital Metro, and more! You are also just minutes away from Southpark Meadows and all it has to offer. Located within the community of Sweetwater Glen there is a park, a playground, picnic tables, walk/jogging paths, and extra designated parking for guests. Mature landscaping and a covered front porch frame the front of the home perfectly! The first floor just received some fresh luxurious vinyl flooring throughout. This floor plan is perfect for cozy living, with a kitchen and dining combo overlooking the living room and a convenient half bath on the first floor. All the bedrooms and the laundry room are on the second floor. The primary bathroom offers double vanities, a garden bathtub, and a separate shower. The walk-in closet is extra spacious! The two upstairs bedrooms share the second full bath. The backyard also has established grass and a covered patio. Don't miss out on this great property, schedule your appointment to view it today!

Investor Tools

Property Icon
$354,635
Estimated Property Value
$346,353Estimated Mortgage Balance
$8,282Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
$68/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,580
$354,635
2025
$40,015
$314,620
$354,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,580
$354,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$380,000
No
First
Sep 2, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,353
$8,282
2%
98%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,347/mo
$-117/mo
7.5%

City: Austin

1609 Redwater DR 155 | Property Details | No Agent List