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$901,428

2316 Morelos St, Austin, TX, 78702

Off MarketInfo
Baths0 Bath
Baths1,785 Sq Ft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Private PoolPrivate Pool
Exterior 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

Property Icon
$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

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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

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.

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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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2316 Morelos St | Property Details | No Agent List