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Owner Contacts

$340,668

NAL Estimated Property Value

3804 Southway 3, Austin, TX, 78704

Off Market

2 Beds

2 Bath

1,028 Sq Ft

$384.24 / sqft

Built in 1971

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

AppliancesBuilt-In Electric Oven, Built-In Electric Range, Microwave, Washer/Dryer Stacked

FlooringLaminate, Wood

Exterior

Exterior FeaturesNone

Lot Size2,095 sqft

Building Information

Year Built1971

Stories2

Roof Type183

Land Information

APN04070733040000

Lot Number103

Subdivision3804 Southway Condominiums

Land UseResidential

Legal DescriptionUNT 103 3804 SOUTHWAY CONDOMINIUMS PLUS 25.0 % INT IN COM AREA

Census Tract002006

Assessed Land Value$98,438

Assessed Improvement Value$242,230

Assessment Year2025

About this property

BOM due to buyer financing issue! Custom remodel with high-end finishes including quartz countertops, designer tiles, stainless steel appliances, etc. All new electrical, plumbing, roof, HVAC, flooring, cabinets, fixtures, etc. A great investment opportunity to be in the heart of 78704, close to Downtown, and popular south Austin establishments. 2 bedrooms + 1.5 baths, open floor plan, private fenced yard for entertainment, and an ultra-low HOA of only $175 that includes water, wastewater, trash, common area maintenance, 'walls out' master policy, and property management fee. A fantastic investment opportunity to be in the heart of the action while living in a peaceful neighborhood. There are no restrictions for short-term rentals (STR). This one won't last long!

Investor Tools

$340,668

Estimated Property Value

$344,608Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,370 /month

Positive

Cash Flow Estimate:

$790 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$593/month

$175/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,407

$340,668

2025

$98,438

$242,230

$340,668

Tax History

Year

Tax Paid

Assessed Value

2024

$5,407

$340,668

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gardner Financial Services Ltd

Conventional

$375,250

First

Dec 23, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$344,608

N/A

101%

$2,250/mo

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