$474,000
NAL Estimated Property Value3108 E 51st ST 1203, Austin, TX, 78723
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Water Heater, Free Standing Range, Self Cleaning Oven
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesIn Wall Pest Control System, Rain Gutters
Lot Size5,310 sqft
Building Information
Year Built2017
Stories2
Roof Type105
Garage Spaces1
Land Information
APN02172215460000
Lot Number1601
SubdivisionGrove Condominiums
Land UseResidential
Legal DescriptionUNT 1601 GROVE CONDOMINIUMS PLUS 1.923 % INT IN COM AREA
Census Tract002107
Assessed Land Value$212,419
Assessed Improvement Value$254,422
Assessment Year2024
About this property
$3000 credit to buyer w/ acceptable offer! Gorgeous, gated Lock & Leave under $400k! 10-ft ceilings both up & down; 8-ft doors throughout; quartz countertops in kit & baths; great storage! Large bedroom suites w/ walk-in closets; upstairs study nook; laundry room up! HOA maintains front/rear landscaping (inc water) & exterior lighting. Tree-top views from LR & MBR! private fenced yard for gardening. 10 min to UT/DT, 12 min to ABIA, 2 Min to Mueller HEB. Easy access to 183! The best of everything! Sprinkler Sys:Yes
Investor Tools
$474,000
Estimated Property Value
$262,536Estimated Mortgage Balance
$211,464Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$290/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$466,841
2024
$212,419
$254,422
$466,841
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$466,841
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$292,550
No
First
Jan 13, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,536
$211,464
44%
55%
$1,754/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,044/mo
+$44/mo
5.3%
