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$1,465,000

NAL Estimated Property Value

2000 Payne Ave, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,095 Sq Ft
price_per_sqft$584.47 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFree-Standing Gas Range
FlooringCarpet, Linoleum

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size6,974 sqft

Building Information

Year Built2023
Stories2
Garage Spaces1

Land Information

APN02320402130000
Lot Number12
SubdivisionBellaire
Land UseResidential
Legal DescriptionLOT 12 BLK D BELLAIRE
Census Tract001505
Assessed Land Value$365,381
Assessed Improvement Value$987,469
Assessment Year2025

About this property

MULTIPLE OFFER RECEIVED - Deadline for highest and best offer - Sunday 5:00 p.m. ATTENTION BUILDERS/REMODELERS!! Fabulous close-in location!! This property is located on a street with many teardown/new construction homes. Best and highest use would be complete remodel or teardown and re-build. You won't find a better location close to everything Central Austin has to offer! Adjacent to the lively Crestview neighborhood & minutes from Burnet Road, residents have easy access to local restaurants. Brentwood is one of the hottest neighborhoods in Central Austin and offers a charming neighborhood feel that is close to it all. Walkable to Brentwood Park, Brentwood Elementary School, Little Deli & Pizzeria, groceries, coffee shops and tons of food and fun on Lamar and Burnet. Just minutes to major highways for easy commutes. 15 to minutes to Downtown Austin and 15 minutes to The Domain. Don't miss out on the opportunity to build or remodel a dream home close in to everything!

Investor Tools

Property Icon
$1,465,000
Estimated Property Value
$519,751Estimated Mortgage Balance
$946,943Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,790 /month
Positive
Cash Flow Estimate:
$2,930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,005/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$28,736
$1,352,850
2025
$365,381
$987,469
$1,352,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$28,736
$1,352,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$540,000
No
First
Feb 14, 2024
Mar 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$519,751
$976,249
65%
35%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,238/mo
$-822/mo
2.0%

City: Austin

2000 Payne Ave | Property Details | No Agent List