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$568,025

NAL Estimated Property Value

3011 Glen Rae St, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$469.92 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Free-Standing Gas Range, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,382 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02061219110000
Lot Number13
SubdivisionLorraine Heights
Land UseResidential
Legal DescriptionLOT 13 BLK 2 OLT 12 DIV B LORRAINE HEIGHTS PLUS 1/2 ADJ VAC ALLEY
Census Tract000802
Assessed Land Value$285,502
Assessed Improvement Value$282,523
Assessment Year2025

About this property

Offer Received! Please submit your highest and best ASAP! Home has good bones and nice layout on a decent sized lot! Great remodel opportunity or ready for condo/duplex new build! Located across the street from ACC Eastview Campus, and minutes from downtown! Excellent development opportunity! There is no existing survey, home being sold as is! Motivated Seller! Bring ALL Offers! Won't Last Long!

Investor Tools

Property Icon
$568,025
Estimated Property Value
$512,051Estimated Mortgage Balance
$56,807Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,408 /month
Positive
Cash Flow Estimate:
$1,136 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,573
$568,025
2025
$285,502
$282,523
$568,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,573
$568,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$532,000
No
First
Mar 1, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$512,051
$55,974
9%
90%
$3,190/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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3011 Glen Rae St | Property Details | No Agent List