$321,000
NAL Estimated Property Value2627 Gwendolyn LN, Austin, TX, 78748
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Free-Standing Electric Range, Refrigerator
FlooringCarpet, Tile, Vinyl, See Remarks
Exterior
Exterior FeaturesPrivate Yard
Lot Size3,615 sqft
Building Information
Year Built1985
Stories2
Roof Type105
Garage Spaces1
Land Information
APN04302519030000
Lot NumberB
Subdivision2627 Gwendolyn Lane Condominiums
Land UseResidential
Legal DescriptionUNT B 2627 GWENDOLYN LANE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract031900
Assessed Land Value$125,000
Assessed Improvement Value$165,708
Assessment Year2025
About this property
Attention investors: Here's a remodel opportunity to gain instant equity in an income property! This Tanglewood Forest duplex is 2320 sq ft with each unit having 2 bedrooms, 2.5 bathrooms, and single-car garages. The building received new exterior sheathing, Hardie siding, and paint in 2019. Both units are vacant but were occupied through October 2020 by long-term tenants. The photos show Unit B. Unit A has had the flooring and upstairs toilets removed. The property is part of an estate and is being sold as-is. The buyer will need to pay for a new survey.
Investor Tools
$321,000
Estimated Property Value
$318,929Estimated Mortgage Balance
$2,071Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,165
$290,708
2025
$125,000
$165,708
$290,708
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,165
$290,708
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$349,912
No
First
Sep 17, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,929
$2,071
0%
99%
$2,098/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$2,098/mo
$-358/mo
6.5%
