$220,000
NAL Estimated Property Value3110 Red River ST 307, Austin, TX, 78705
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesBuilt In Electric Range, Dryer, Dishwasher, Disposal, Refrigerator, Washer
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Exterior Steps, See Remarks
Lot Size436 sqft
Building Information
Year Built1973
Stories1
Roof Type183
Land Information
APN02150614130000
Lot NumberB-307
SubdivisionSterling Crest Condominiums Amended
Land UseResidential
Legal DescriptionUNT B-307 STERLING CREST CONDOMINIUMS AMENDED PLUS 1.388 % INT IN COM AREA
Census Tract000401
Assessed Land Value$43,653
Assessed Improvement Value$170,157
Assessment Year2025
About this property
Contemporary studio in desirable Sterling Crest Condos - charming 50 unit complex, low HOA with updates to include hardwood floors, quartz counters, new appliances and great layout; walkable to UT engineering, UT law and St. Davids Hospital and all things central living Austin has to offer. Furniture and appliances convey with property. Visit http://www.sterlingcrestaustin.com/#info-1 for more information.
Investor Tools
$220,000
Estimated Property Value
$84,016Estimated Mortgage Balance
$135,984Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
$540/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,639
$213,810
2025
$43,653
$170,157
$213,810
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,639
$213,810
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Unknown
$90,000
No
First
Sep 23, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,016
$135,984
61%
38%
$540/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,080/mo
+$620/mo
9.3%
