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$451,000

NAL Estimated Property Value

1902 Joy Ln, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,420 Sq Ft
price_per_sqft$334.51 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Gas Oven, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,848 sqft

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APN02411011020000
Lot Number2
SubdivisionWooten Terrace Sec 2
Land UseResidential
Legal DescriptionLOT 2 BLK D WOOTEN TERRACE SEC 2
Census Tract040500
Assessed Land Value$320,090
Assessed Improvement Value$100,940
Assessment Year2025

About this property

New Price! Motivated seller! Amazing opportunity for a 3 bed/2 bath home in the heart of the hot Wooten neighborhood in Central Austin! Nearby to public transit & plenty of local treasures including, restaurants, shopping, music & entertainment. Within a short time you can be shopping at the Domain or going to a concert or soccer game at the new Q2 stadium. Just 15 minutes from Downtown and UT! Easy access to local parks and hike and bike trials. Perfect for a buyer who wants to experience the joys of Austin while never being far from home. The home features a great use of space with an open kitchen, living room & dining room. The gorgeous kitchen features granite countertops, tile backsplash, stainless appliances, breakfast bar, pantry & plenty of cabinet space. The bedrooms feature scratch resistant vinyl floors, while the rest of the house has tile throughout. The converted garage features a ton of space and is perfect for study, office, workout room, media room or storage. The fenced backyard is private with lots of space for entertaining & features a breezy screened-in porch. Roof shingles were replaced in Dec. 2021 & the furnace, water heater & interior AC were replaced in 2019! Move in ready!

Investor Tools

Property Icon
$451,000
Estimated Property Value
$299,780Estimated Mortgage Balance
$151,748Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,136
$421,030
2025
$320,090
$100,940
$421,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,136
$421,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Go Mortgage Llc
Conventional
$320,000
No
First
Nov 3, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,780
$181,220
37%
66%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,919/mo
+$169/mo
5.6%

City: Austin

1902 Joy Ln | Property Details | No Agent List