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$1,915,000

NAL Estimated Property Value

2705 Cherry Ln, Austin, TX, 78703

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,654 Sq Ft
price_per_sqft$433.31 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Gas Water Heater, Microwave, Refrigerator
FlooringConcrete, Wood

Exterior

Exterior FeaturesNone
Lot Size3,751 sqft

Building Information

Year Built2014
Stories3
Roof Type112
Garage Spaces1

Land Information

APN01150607040000
Lot Number75
SubdivisionWestenfield No 1
Land UseResidential
Legal DescriptionW 50 FT LOT 75 WESTENFIELD NO 1
Census Tract001604
Assessed Land Value$750,065
Assessed Improvement Value$1,145,583
Assessment Year2025

About this property

Contemporary 2015 build nestled under a green canopy in Tarrytown, minutes to DT & Lake Austin. Spacious open floor plan w/polished concrete & wide plank oak floors, custom cabinetry, modern kitchen & multiple living spaces. Main-level primary bedroom w/custom closet & large walk-in shower. Abundant storage & secondary bedrooms up. Clean design flooded w/ light thru large windows & slider. Urban retreat w/private front & back covered patios, full perimeter fence & gated entry. Lock & leave DT alternative.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,915,000
Estimated Property Value
$1,363,066Estimated Mortgage Balance
$554,014Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,490 /month
Positive
Cash Flow Estimate:
$3,830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,008/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,522
$1,895,648
2025
$750,065
$1,145,583
$1,895,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,522
$1,895,648

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$1,387,500
No
First
Apr 7, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,363,066
$769,934
36%
71%
$8,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,540/mo
$8,319/mo
$-5,779/mo
1.6%

City: Austin

2705 Cherry Ln | Property Details | No Agent List