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$699,000

2314 Morelos ST, Austin, TX, 78702

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,501 sqft

Land Information

APN02041005160000
Lot Number5
SubdivisionLincoln Place
Land UseResidential
Legal DescriptionLOT 5 BLK 6 OLT 23&231/2 DIV A LINCOLN PLACE
Census Tract000902
Assessed Land Value$562,500
Assessment Year2025

About this property

Possible 15k sq ft lot for sale in this hot area. This is a 7500 sq ft flat lot (50x150ft). Development opportunity in a highly desirable area near DT Austin, Bergstrom airport, near mix use, walking distance to cafes, bars, lots of high traffic in area, & alley access. CS, CO, MU, NP zoning. Marketing package attached to listing.Restrictions: Yes

Investor Tools

Property Icon
$699,000
Estimated Property Value
$0Estimated Mortgage Balance
$374,555Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,148
$562,500
2025
$562,500
N/A
$562,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,148
$562,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Credit Line (Revolving) / Heloc
$355,964
No
First
Jul 16, 2021
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,445
$374,555
53%
46%
$2,135/mo

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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2314 Morelos ST | Property Details | No Agent List