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$219,000

NAL Estimated Property Value

1720 Timber Ridge Rd Apt 160, Austin, TX, 78741

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths842 Sq Ft
price_per_sqft$326.6 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesGas Cooktop, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size923 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APN03090208010058
Lot Number163
SubdivisionTimberidge Square Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 160 BLD D TIMBERIDGE SQUARE CONDOMINIUMS AMENDED PLUS 1.52% INTEREST IN COMMON AREA
Census Tract002307
Assessed Land Value$7,375
Assessed Improvement Value$211,625
Assessment Year2025

About this property

Centrally located condo with recent updates including interior paint, counters and blinds. Laminate flooring throughout. Ideal floorpan with 2 bedrooms and a open kitchen/dining area. Private garage as well as abundant guest parking. Well maintained community with recent roof and hardi-plank siding replaced in 2020 (no special assessment). Tennis courts, swimming pool and walking trails! Stackable washer/dryer. Community features tennis courts, swimming pool, walking trails, and treed common area for your enjoyment.Timber Ridge Condos are located just across the road from Mabel Davis trail/park/pool as well as minutes to shopping, dining, downtown Austin, South Congress, and the airport. Easy access to 71 and I-35! This is a warrantable condo with over 50% owner-occupied units. HOA dues include water, sewer, trash.

Investor Tools

Property Icon
$219,000
Estimated Property Value
$78,349Estimated Mortgage Balance
$140,795Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
$288/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,317
$219,000
2025
$7,375
$211,625
$219,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,317
$219,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
William G Barron Etal
Unknown
$85,000
No
First
Feb 2, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,349
$140,651
64%
36%
$510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$798/mo
+$828/mo
8.9%

City: Austin

1720 Timber Ridge Rd Apt 160 | Property Details | No Agent List