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$1,319,000

NAL Estimated Property Value

1913 David St, Austin, TX, 78705

Off MarketInfo
Beds6 Beds
Baths3 Bath
Baths1,820 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$711.54 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Range, Refrigerator, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size8,006 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN0113001218
Lot Number16
SubdivisionCarrington Subd
Land Use1 Family Dwelling
Legal DescriptionLOT 16 BLK 2 OLT 26-28 DIV D CARRINGTON SUBD
Census Tract000607
Assessed Land Value$577,757
Assessed Improvement Value$406,489
Assessment Year2025

About this property

A rare opportunity to own a fully remodeled West Campus House with a very strong cash flow and a 7%+ cap rate. This house had a complete remodel done! The lot also features a backyard and its own parking spaces! The House is fully pre-leased for the Aug 2025 to Aug 2026 term at $9,595 per mo. It is currently leased until July 31st, 2025 for $6600 a month. We are currently marketing the home for Aug 2026 - Aug 2027 pre-lease at $10,770/mo. Large lot with plenty of space for the Buyer to build another home in the back of the lot. Lots of upside coupled with the strong rents and caprate, location, and quality make this an incredible purchase opportunity!

Investor Tools

Property Icon
$1,319,000
Estimated Property Value
$633,073Estimated Mortgage Balance
$686,912Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,914 /month
Positive
Cash Flow Estimate:
$2,638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$984,246
2025
$577,757
$406,489
$984,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$984,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$648,400
No
First
Dec 27, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$633,073
$533,927
45%
48%
$3,888/mo

City: Austin

1913 David St | Property Details | No Agent List