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$214,000

NAL Estimated Property Value

3204 Menchaca RD 714, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths520 Sq Ft
price_per_sqft$413.46 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDryer, Microwave, Oven, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue, Exterior Steps
Lot Size1,485 sqft

Building Information

Year Built1985
Stories1

Land Information

APN04031014030000
Lot Number714
SubdivisionIvy @ 78704 Condominiums Amended The
Land UseResidential
Legal DescriptionUNT 714 BLD 7 IVY @ 78704 CONDOMINIUMS AMENDED THE PLUS .7 % INT IN COM AREA
Census Tract002004
Assessed Land Value$1,782
Assessed Improvement Value$179,586
Assessment Year2025

About this property

This charming 1 bed 1 bath updated condo in the desirable S. Lamar neighborhood. Granite countertops in the kitchen, along with SS appliances. Perfect starter or investment home. Grill BBQ on the balcony, or enjoy a swim in the community pool. 15 minutes to downtown. Close to Mopac and Hwy 360. Enjoy all the restaurants and amenities that S. Lamar has to offer!

Investor Tools

Property Icon
$214,000
Estimated Property Value
$178,071Estimated Mortgage Balance
$35,929Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$154/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,264
$181,368
2025
$1,782
$179,586
$181,368
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,264
$181,368

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$195,000
No
First
Oct 6, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,071
$35,929
16%
83%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,324/mo
+$316/mo
9.2%

City: Austin

3204 Menchaca RD 714 | Property Details | No Agent List