Last 24 Hours
$385,000
3509 Lyons Rd, Austin, TX, 78702
On Market
2 Beds
1 Bath
1,208 Sq Ft
$318.71 / sqft
Built in 1945Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 2
Garage AvailableFlooringCarpet, Linoleum
Exterior
Exterior FeaturesNone
Lot Size12,327 sqft
Building Information
Year Built1945
Stories1
Roof Type105
Garage Spaces1
Land Information
APN02041401120000
Lot Number9
SubdivisionSiegmund Addn Sec 4
Land UseResidential
Legal DescriptionLOT 9 OLT 30&40 DIV A SIEGMUND ADDN SEC 4
Census Tract000902
Assessed Land Value$354,426
Assessed Improvement Value$167,076
Assessment Year2025
About this property
Prime redevelopment opportunity in 78702! Situated on an oversized 0.28 acre lot, 3509 Lyons Road is walkable to many local restaurants and coffee shops, all while being just minutes from downtown. The house either needs a complete remodel or could be torn down to go alongside lots of other new builds in the area.
Investor Tools
$199,712Estimated Mortgage Balance
$330,577Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,385
$394,445
2025
$354,426
$167,076
$521,502
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,385
$394,445
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joseph Franco
Unknown
$200,000
No
First
Apr 29, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,712
$345,288
63%
38%
$1,200/mo
12.4%