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Owner Contacts

$664,751

NAL Estimated Property Value

1612 Elmira RD 1, Austin, TX, 78721

Off Market

3 Beds

3 Bath

1,811 Sq Ft

Single Family Residence

$425.18 / sqft

Built in 2023

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Stainless Steel Appliance(s)

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesPrivate Yard

Lot Size5,036 sqft

Building Information

Year Built2022

Stories2

Roof Type105

Garage Spaces1

Land Information

APN02122018020000

Subdivision1612 Elmira Site Condominiums

Land UseCondo

Legal Description1612 ELMIRA SITE CONDOMINIUMS UNT 1 PLUS 50.0000 % INT IN COM AREA

Census Tract002109

Assessed Land Value$137,500

Assessed Improvement Value$527,251

Assessment Year2025

About this property

Brand new construction from Carr Residential. Backed by 1-2-10 Warranty. Gorgeous open concept floor plan – ideal for entertaining and offers seamless indoor/outdoor living. Features include beautiful hardwood floors throughout, center island with seating, quartz countertops, and a Whirlpool stainless steel appliance package. Stunning primary suite showcasing a vaulted ceiling,contemporary ensuite, and a huge walk-in closet. Relaxing second story balcony! A spacious privately fenced backyard is the perfect canvas to create the backyard of your dreams – featuring fresh sod and fire pit area. Spray foam insulation, tankless hot water, fully insulated garage. Fantastic location with just a short trip to downtown Austin, North Austin tech hub, Samsung, Tesla, Austin FC Stadium, & the Domain. Easy access to I-35, 183, Mopac, and 45 toll. *Site Condo - No HOA dues*

Investor Tools

$664,751

Estimated Property Value

$421,415Estimated Mortgage Balance

$243,336Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,620 /month

Positive

Cash Flow Estimate:

$1,540 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,291/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,173

$664,751

2025

$137,500

$527,251

$664,751

Tax History

Year

Tax Paid

Assessed Value

2024

$12,173

$664,751

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Robert P Moore

Purchase Money Mortgage

$447,488

First

Feb 15, 2023

Feb 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$421,415

$243,336

36%

63%

$2,683/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$2,683/mo

$-595/mo

3.8%

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