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$3,834,000

NAL Estimated Property Value

2114 Paramount Ave, Austin, TX, 78704

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths4,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$798.75 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

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

Property Icon
$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

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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%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2114 Paramount Ave | Property Details | No Agent List