Last 24 Hours
$236,000
NAL Estimated Property Value1940 Webberville RD, Austin, TX, 78721
$248,444 ARV
Off Market
2 Beds
2 Bath
886 Sq Ft
$845.37 / sqft
Built in 1945Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms 2AppliancesSee Remarks
FlooringSee Remarks
Exterior
Exterior FeaturesNone
Lot Size8,037 sqft
Land Information
APN02122305260000
Lot Number4
Subdivision1940 Webberville
Land UseVacant Residential Lot
Legal Description1940 WEBBERVILLE LOT 4
Census Tract002109
Assessed Land Value$200,925
Assessment Year2025
About this property
Unique opportunity to purchase a rare, 1 acre tract in 78721, East Austin Opportunity Zone. Lot cleared in order to capture downtown views from every home. light remodel, & lease the current home, while subdividing the property into 6 site condo lots for a total of 12 sellable doors. Buyer could also change zoning & build a multi-family development. Property has great street frontage & endless possibilities. Buyer to perform due diligence. Architect’s preliminary site concept & new survey attached.
Investor Tools
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$236,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$248,444
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,982
$200,925
2025
$200,925
N/A
$200,925
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,982
$200,925
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$236,000
100%
0%
$0/mo
12.4%