Last 24 Hours
$2,420,000
NAL Estimated Property Value1903 Toro Canyon Rd, Austin, TX, 78746
Off Market
4 Beds
5 Bath
4,190 Sq Ft
$262.53 / sqft
Built in 1976Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerMove-In Ready
Highlights
Interior
Bedrooms 4
Bathrooms Full 4
Indoor Fireplace
Garage Available
Heating
CoolingAppliancesDishwasher
FlooringCarpet, Wood
Exterior
Exterior FeaturesBalcony, Exterior Steps
Lot Size19,166 sqft
Building Information
Year Built1976
Stories2
Roof Type105
Garage Spaces2
Land Information
APN01211306020000
Lot Number2
SubdivisionWestlake Madrones Sec 2
Land UseResidential
Legal DescriptionLOT 2 BLK B WESTLAKE MADRONES SEC 2
Census Tract001913
Assessed Land Value$791,664
Assessed Improvement Value$1,304,553
Assessment Year2025
About this property
LARGE 3-2½ / 3-2½ duplex with some deferred maintenance. Unit B (owner occupied) has some lovely updates (see photos), Unit A needs some work to get it rentable. Aside from the Unit B improvements the structure is in generally poor condition; all value is in the land. 0.44 Acre lot has fantastic views to the west. New construction going in next door and up and down Toro Canyon. Lots at this price are hard to come by in Westlake Highlands. 5.7 miles to downtown. Duplex can generate some carry while your client is drawing up plans. Sunset photos were taken by owner at various times from the balcony with an iPhone.
Investor Tools
$2,420,000
Estimated Property Value
$3,813,779Estimated Mortgage Balance
$2,420,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,520 /month
Positive
Cash Flow Estimate:
$4,840 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,322/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,766
$1,329,678
2025
$791,664
$1,304,553
$2,096,217
No
Tax History
Year
Tax Paid
Assessed Value
2024
$15,766
$1,329,678
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Archwest Funding Llc
Open End Mortgage / Open End With Future Advance Clause
$1,890,000
No
First
Feb 11, 2025
Dec 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,813,779
N/A
0%
158%
$23,204/mo
12.4%