$550,000
NAL Estimated Property Value2606 Wilson ST 1602, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Free-Standing Range
FlooringLaminate
Exterior
Exterior FeaturesNone
Lot Size2,505 sqft
Building Information
Year Built2013
Stories3
Roof Type105
Garage Spaces2
Land Information
APN04040213620000
Lot Number1602
SubdivisionFlats On Wilson Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1602 FLATS ON WILSON CONDOMINIUMS AMENDED PLUS 1.673 % INT IN COM AREA
Census Tract001308
Assessed Land Value$112,779
Assessed Improvement Value$305,470
Assessment Year2025
About this property
Wonderful condo in 78704 w/oversized 2 car garage and city views! This 3-level condo has a spacious rooftop terrace and 2 en-suite bedrooms w/private balconies. The main level is open and perfect for entertaining. Stainless appliances and granite in kitchen, gas log fireplace in living area. The owners added a custom built-in loft area perfect for office space. The rooftop terrace has great views and a bar ledge was added as a special touch. Great opportunity to buy in 78704 under $400K.FEMA - Unknown Restrictions: Yes
Investor Tools
$550,000
Estimated Property Value
$283,854Estimated Mortgage Balance
$266,146Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$811/month
$178/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,977
$418,249
2025
$112,779
$305,470
$418,249
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,977
$418,249
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$319,500
No
First
Jul 28, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,854
$266,146
48%
52%
$1,916/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,094/mo
$-174/mo
4.2%
