6view

Owner Contacts

$872,000

NAL Estimated Property Value

3115 Schutze St, Austin, TX, 78723

Off Market

3 Beds

2 Bath

2,208 Sq Ft

Condos / Townhouses

$1.9 / sqft

Built in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesConvection Oven, Dryer, Gas Cooktop, Microwave, Washer

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size2,614 sqft

Building Information

Year Built2023

Stories2

Garage Spaces2

Land Information

APN02171817120000

Lot Number12

SubdivisionMueller Sec 11 Subd

Land UseOther / Unknown

Legal DescriptionLOT 12 BLK 93 MUELLER SEC 11 SUBD

Census Tract000308

Assessed Land Value$419,635

Assessed Improvement Value$283,063

Assessment Year2025

About this property

Brand-new home available for lease! All appliances included - fridge, washer, and dryer! This modern, natural-light filled, 3-bedroom, 2.5 bath home is nestled into the new section of Mueller, steps away from the Southeast Greenway, the new Taniguchi Park, and John Gaines Park and pool. Wood floors downstairs with the kitchen open to the living space. Upstairs, a second living area is perfect for an office, playroom, or tv room. All bedrooms are up, along with laundry. Large secondary bedrooms and bathroom! No smoking. One small (under 20 pounds) pet allowed, with a $400 non-refundable pet fee. Income must be 3x rent.

Investor Tools

$872,000

Estimated Property Value

$535,699Estimated Mortgage Balance

$337,156Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,232 /month

Positive

Cash Flow Estimate:

$1,744 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,218/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$702,698

2025

$419,635

$283,063

$702,698

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$702,698

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lennar Mortgage Llc

Conventional

$553,000

First

Jul 31, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$535,699

$262,301

32%

61%

$3,316/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$3,316/mo

$-1,228/mo

2.9%

Learn About the Market: Opportunity in Austin

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