$3,834,000
NAL Estimated Property Value2114 Paramount Ave, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size13,856 sqft
Building Information
Year Built2022
Stories2
Roof Type183
Garage Spaces2
Land Information
APN01000812110000
Lot Number2
SubdivisionAvon Heights Sec 1
Land UseResidential
Legal DescriptionLOT 2 BLK C AVON HEIGHTS SEC 1
Census Tract001304
Assessed Land Value$837,840
Assessed Improvement Value$2,605,853
Assessment Year2025
About this property
Multiple offers. Please submit by end of the day on Tuesday. LARGE lot (0.3181 Acre) on THE premier street of the Zilker Area! Big trees in good locations; plenty of room to work with. Recent T&T survey available. 2-2 house is rentable, but has no value beyond that. Area 7 has become one of Austin's most desirable areas for new construction, and this stretch of Paramount is the only low-traffic street where the lots are uniformly large.
Investor Tools
$3,834,000
Estimated Property Value
$2,932,213Estimated Mortgage Balance
$904,811Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,004 /month
Positive
Cash Flow Estimate:
$7,668 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,787/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$3,443,693
2025
$837,840
$2,605,853
$3,443,693
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$3,443,693
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keystone Bank Na
Conventional
$3,000,000
No
First
Apr 30, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,932,213
$846,787
22%
76%
$19,200/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$19,200/mo
$-16,350/mo
0.9%
