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$474,000

NAL Estimated Property Value

3108 E 51st ST 902, Austin, TX, 78723

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,529 Sq Ft
price_per_sqft$336.82 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain 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

Located in East Austin, one of the fastest growing and popular neighborhoods in the city, this home is the perfect home whether it be for those looking for something low maintenance or as an investment property. The floor plan is bright and open with a generous kitchen island that opens to the living and dining area. Fenced backyard allowing the perfect amount of space for a dog. Bedrooms are spacious with owners suite featuring a walk in closet and double vanities.

Investor Tools

Property Icon
$474,000
Estimated Property Value
$263,056Estimated Mortgage Balance
$210,944Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$220/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
$263,056
$210,944
44%
55%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,974/mo
+$114/mo
5.3%

City: Austin

3108 E 51st ST 902 | Property Details | No Agent List