Last 24 Hours
$901,428
NAL Estimated Property Value2316 Morelos St, Austin, TX, 78702
Off Market
— Beds
— Bath
1,785 Sq Ft
Built in 1984Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Private PoolExterior FeaturesNone
Lot Size7,758 sqft
Building Information
Year Built1984
Stories1
Roof Type112
Land Information
APN02041005140000
Lot Number6
SubdivisionLincoln Place
Land UseCommercial
Legal DescriptionLOT 6 *LESS NE TRI + SW TRI LOT 5 BLK 7 OLT 23&231/2 DIV A LINCOLN PLACE
Census Tract000902
Assessed Land Value$698,040
Assessed Improvement Value$203,388
Assessment Year2025
About this property
Great location for commercial property - Ideal for mechanic shop or redevelopment! Prime corner lot at E 7th, Morelos, and North Western. Daily high volume traffic along E 7th corridor. Booming small business neighborhood. Increase in residential traffic. Small parking lot on property. 1,700 SqFt structure on 7,700 SqFt Lot. Heavy duty chain link fence around portion of property.
Investor Tools
$901,428
Estimated Property Value
$0Estimated Mortgage Balance
$901,428Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,409 /month
Positive
Cash Flow Estimate:
$1,803 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,868/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,906
$901,428
2025
$698,040
$203,388
$901,428
No
Tax History
Year
Tax Paid
Assessed Value
2024
$17,906
$901,428
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$901,428
100%
0%
$0/mo
12.4%