$486,000
NAL Estimated Property Value2602 Fentonridge Dr, Austin, TX, 78745
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Free Standing Range, Gas Cooktop, Microwave, Stainless Steel Appliances
FlooringCarpet, Laminate, Tile
Exterior
Exterior FeaturesNo Exterior Steps, Private Yard, Rain Gutters
Lot Size7,031 sqft
Building Information
Year Built1976
Stories1
Roof Type105
Garage Spaces2
Land Information
APN04152113020000
Lot Number21
SubdivisionCherry Creek Phs Iv Sec 2
Land UseResidential
Legal DescriptionLOT 21 BLK O CHERRY CREEK PHS IV SEC 2
Census Tract031000
Assessed Land Value$282,685
Assessed Improvement Value$190,397
Assessment Year2025
About this property
Delightful South Austin Home in desireable Cherry Creek neighborhood. 3 Bedroom, including an en-suite master, 2 Bath, lovely kitchen w/stainless appliances, white cabinets, and beautiful countertops. Large, open family room with lots of natural light and french doors to the back patio. Thoughtful updates, no popcorn ceilings. 2 car attached garage and a stellar location. Walk to Stephenson Nature Preserve with miles of hiking trails. Close to downtown, and shopping/dining in Sunset Valley. No HOA!Restrictions: Yes
Investor Tools
$486,000
Estimated Property Value
$212,647Estimated Mortgage Balance
$273,353Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,916 /month
Positive
Cash Flow Estimate:
$972 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$876/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,079
$473,082
2025
$282,685
$190,397
$473,082
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,079
$473,082
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$237,904
No
First
Nov 16, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,647
$260,435
55%
44%
$1,427/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
$1,427/mo
+$773/mo
5.4%
