$721,718
NAL Estimated Property Value3502 Pennsylvania Ave 2, Austin, TX, 78721
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Oven
FlooringCarpet, Concrete, Tile, Wood
Exterior
Exterior FeaturesBalcony
Lot Size7,976 sqft
Building Information
Year Built2020
Stories2
Roof Type112
Garage Spaces1
Land Information
APN02091602560000
Lot Number2
SubdivisionPenn Heights Four
Land Use1 Family Dwelling
Legal DescriptionLOT 2 BLK A PENN HEIGHTS FOUR
Census Tract002109
Assessed Land Value$274,688
Assessed Improvement Value$447,030
Assessment Year2025
About this property
New construction in East Austin by Rivendale Homes. This modern home features an open layout with large picture windows allowing plenty of natural light from the living room leading to the kitchen island and dining area. Attached garage, fully fenced private backyard, only minutes aways from Mueller and Downtown & No HOA. 1/2/10 Builder Warranty. Sprinkler Sys:Yes
Investor Tools
$721,718
Estimated Property Value
$456,767Estimated Mortgage Balance
$264,951Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,330 /month
Positive
Cash Flow Estimate:
$1,443 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,473
$721,718
2025
$274,688
$447,030
$721,718
No
Tax History
Year
Tax Paid
Assessed Value
2024
$11,473
$721,718
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$510,000
No
First
Nov 10, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$456,767
$264,951
36%
63%
$3,058/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,058/mo
$-970/mo
3.5%
