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$150,000

NAL Estimated Property Value

1840 Burton DR 214, Austin, TX, 78741

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths378 Sq Ft
price_per_sqft$595.24 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesMicrowave, Free-Standing Electric Range, Refrigerator, Electric Water Heater
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size1,072 sqft

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APN03050603730001
Lot Number184
SubdivisionSilverado Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 214 BLD A SILVERADO CONDOMINIUMS AMENDED PLUS .63% INTEREST IN COMMON AREA
Census Tract002315
Assessed Land Value$21,445
Assessed Improvement Value$122,343
Assessment Year2025

About this property

Successful turnkey rental located in the trendy South Shore District surrounded by new development, shopping, restaurants, live music venues, and nightlife! This renovated 1/1 corner unit comes fully furnished! 30-day rentals allowed at this community. Located just 3 miles from Downtown - close to SoCo and Lady Bird Lake. This is a fabulous, affordable option in the heart of Austin proper. A great investment with positive cash-flow in a growing neighborhood. Community offers a private pool and plenty of parking for residents and guests.

Investor Tools

Property Icon
$150,000
Estimated Property Value
$175,141Estimated Mortgage Balance
$150,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
$281/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,951
$143,788
2025
$21,445
$122,343
$143,788
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,951
$143,788

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeowners Financial Group Usa Llc
Conventional
$186,300
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,141
N/A
0%
117%
$1,117/mo

City: Austin

1840 Burton DR 214 | Property Details | No Agent List