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$421,000

NAL Estimated Property Value

2717 Lyons Rd, Austin, TX, 78702

$442,763 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$446.43 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Range, Oven, Refrigerator
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,434 sqft

Building Information

Year Built2023
Stories3
Garage Spaces1

Land Information

APN02041201060000
Lot Number7
SubdivisionJones I P Subd
Land UseResidential
Legal DescriptionLOT 7 BLK 1 OLT 34-35 DIV A JONES I P SUBD
Census Tract000902
Assessed Land Value$325,000
Assessment Year2024

About this property

Investor alert! Teardown w/ opportunity for infill. Lot size: 6434 sf. Zoning permits 2 structures. Profit potential limited only by your imagination. Highly desirable location near downtown Austin. Close to shopping, dining, nightlife. Build upscale single family home or develop lot with 2 homes. The choice is yours. Price reflects land value. Currently, the lot houses a 4/2, single level home. The value is in the land and development potential. If you’re looking for location, location, location, this is it! The proximity to the vibrant amenities of Austin and the tech hub with major employers means this is a profitable investment opportunity.

Investor Tools

Property Icon
$421,000
Estimated Property Value
$1,147,635Estimated Mortgage Balance
$421,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$442,762
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,441
$325,000
2024
$325,000
N/A
$325,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,441
$325,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Corevest American Finance Lender Llc
Commercial
$1,204,199
No
First
Aug 25, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,147,635
N/A
0%
273%
$7,220/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$7,220/mo
$-5,132/mo
6.0%

City: Austin

2717 Lyons Rd | Property Details | No Agent List