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$1,674,090

NAL Estimated Property Value

2506 Southland Dr, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths786 Sq Ft
price_per_sqft$687.02 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,514 sqft

Building Information

Year Built2021
Stories2
Roof Type121
Garage Spaces1

Land Information

APN0404070240
Lot Number3
SubdivisionSouthwest Terrace Sec 1
Land Use1 Family Dwelling
Legal DescriptionLOT 3 BLK A SOUTHWEST TERRACE SEC 1
Census Tract001304
Assessed Land Value$389,694
Assessed Improvement Value$1,284,396
Assessment Year2025

About this property

Location doesn't get much better than this charming 3/1 in a prime 78704 location! The delightful living room boasts a cozy ambiance that will make you feel at home the moment you step inside. The ease of transition from the living into the dining and kitchen creates a natural flow for entertaining. Enjoy cooking in the inviting galley kitchen that features white cabinetry with stainless hardware, sleek white appliances including a gas range and built-in microwave and updated wood laminate flooring. 3 bedrooms with ample sized closets are ready for your personalization. A sliding glass door in the dining room leads to your private backyard with plenty of space to add a deck or an addition to the house. Walkable to many fantastic restaurants and bars on SoLa + zoned for highly rated schools. Move in as-is, update to make it your own or build your dream home on this beautiful level lot.

Investor Tools

Property Icon
$1,674,090
Estimated Property Value
$1,426,913Estimated Mortgage Balance
$248,726Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,045 /month
Positive
Cash Flow Estimate:
$3,348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,734/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,674,090
2025
$389,694
$1,284,396
$1,674,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,674,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,453,500
No
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,426,913
$247,177
14%
85%
$8,827/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$8,827/mo
$-6,357/mo
1.8%

City: Austin

2506 Southland Dr | Property Details | No Agent List