$888,000
NAL Estimated Property Value3606 Normandy Ridge Ln, Austin, TX, 78738
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Electric Cooktop, Dishwasher, Disposal, Microwave, Water Softener Owned
FlooringCarpet, Tile
Exterior
Exterior FeaturesPrivate Yard
Lot Size11,831 sqft
Building Information
Year Built1999
Stories2
Roof Type105
Garage Spaces2
Land Information
APN01216001270000
Lot Number43A
SubdivisionLake Pointe Phs Ii
Land UseResidential
Legal DescriptionLOT 43A LAKE POINTE PHS II AMENDED PLAT LTS 61-64 BLK B & LTS 39 & 43 BLK A PLUS VAC
Census Tract034000
Assessed Land Value$112,466
Assessed Improvement Value$649,343
Assessment Year2025
About this property
You will love this beautiful updated home on quite cul de sac in highly desired Lake Pointe.Enjoy the open & bright kitchen w crisp white silestone counters, large work space & quick access to the laundry room &/or backyard. Living spaces are flooded w natural light looking out to lush backyard.Plenty of room to play in the flat backyard & large side yard.Level driveway is just asking for basketball hoop! Walk to LP Elem, parks & neighborhood pool! Just minutes to HC Galleria, restaurants and more! Sprinkler Sys:Yes
Investor Tools
$888,000
Estimated Property Value
$382,082Estimated Mortgage Balance
$506,650Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,328 /month
Positive
Cash Flow Estimate:
$1,776 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,123/month
$125/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,031
$761,809
2025
$112,466
$649,343
$761,809
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,031
$761,809
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$420,000
No
First
Jul 12, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,082
$522,918
57%
43%
$2,519/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,020/mo
$2,644/mo
+$376/mo
4.1%
