$589,000
NAL Estimated Property Value2221 Independence Dr, Austin, TX, 78745
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Free-Standing Range, Water Heater
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size9,021 sqft
Building Information
Year Built2007
Stories2
Roof Type105
Garage Spaces2
Land Information
APN04141818540000
Lot NumberA61
SubdivisionIndependence Park Condominiums Amended
Land UseResidential
Legal DescriptionUNT A61 INDEPENDENCE PARK CONDOMINIUMS AMENDED PLUS .4292 % INT IN COM AREA
Census Tract030400
Assessed Land Value$135,299
Assessed Improvement Value$442,287
Assessment Year2025
About this property
Craftsman style home in highly desirable Independence Park neighborhood. Find $15,000 in upgrades in kitchen w/granite countertops, kitchen island & stone backsplash. Hardwoods and tile throughout & carpet in the bedrooms. Enjoy 2nd story balcony off upstairs living space. Private back yard w/covered patio backs to neighborhood walking path. $12,000 in upgrades in back yard to include add'l. paver patio, beautiful landscaping & sun shade. Gutters on front and one side. Don’t miss this move in ready home! Sprinkler Sys:Yes
Investor Tools
$589,000
Estimated Property Value
$181,991Estimated Mortgage Balance
$407,505Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,024/month
$80/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,340
$577,586
2025
$135,299
$442,287
$577,586
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,340
$577,586
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$231,000
No
First
Apr 29, 2016
May 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,991
$395,595
68%
31%
$1,385/mo
