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$474,443

NAL Estimated Property Value

2948 Higgins St, Austin, TX, 78722

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths916 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$414.74 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesOven, Gas Cooktop
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Private Yard
Lot Size5,994 sqft

Building Information

Year Built1947
Stories1
Roof Type112

Land Information

APN02121304170000
Lot Number16
SubdivisionPannell Place
Land UseResidential
Legal DescriptionLOT 16 BLK D OLT 49-50 DIV B PANNELL PLACE
Census Tract000402
Assessed Land Value$332,030
Assessed Improvement Value$142,413
Assessment Year2025

About this property

*Multiple Offers: Highest & Best by SUNDAY at 5PM please* The epitome of East Austin living! Adorable bungalow feat a 2 bedroom/1 bath 736 sqft(+/-) main house & a 200 sqft(+/-) studio guest house w/ bonus interior sink and outdoor shower/toilet! Outdoor paradise w/ 2 decks, steel arbor, raised garden beds, covered side porch & chicken coop! Wood floors and remodeled kitchen w/ white cabinets, concrete counters, & exposed wood shelving. Tankless water heater, metal roof, storage bays under outdoor stairs.Guest Accommodations: Yes Restrictions: Yes

Investor Tools

Property Icon
$474,443
Estimated Property Value
$306,239Estimated Mortgage Balance
$168,812Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,847 /month
Positive
Cash Flow Estimate:
$949 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$474,443
2025
$332,030
$142,413
$474,443
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$474,443

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$341,250
No
First
Dec 14, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,239
$172,761
36%
65%
$2,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,800/mo
$2,046/mo
$-246/mo
4.6%

City: Austin

2948 Higgins St | Property Details | No Agent List