$315,000
NAL Estimated Property Value3820 Southway DR A, Austin, TX, 78704
Off Market
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
AppliancesElectric Cooktop, Dishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
FlooringTile, Wood
Exterior
Exterior FeaturesPrivate Yard
Lot Size2,108 sqft
Building Information
Year Built1971
Stories2
Roof Type183
Land Information
APN04070728020000
Lot NumberA
Subdivision3820 Southway Drive Condominiums
Land UseResidential
Legal DescriptionUNT A 3820 SOUTHWAY DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$84,375
Assessed Improvement Value$227,591
Assessment Year2025
About this property
Now Available! Beautifully renovated 2/1.5 condos, minutes to downtown in 78704!! Close to restaurants, bars, & entertainment. Private fenced mini- yards & 2 parking spots with every unit. Water included in HOA. Sellers have more units in the community coming up and prices will go up as the revitalization of the area continues. Other available units come with different finishes, so contact agent now to view all available selections.Restrictions: Yes
Investor Tools
$315,000
Estimated Property Value
$236,864Estimated Mortgage Balance
$78,136Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$180/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,689
$311,966
2025
$84,375
$227,591
$311,966
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,689
$311,966
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marc Aldrich
Seller Carryback / Seller Financing / Seller Take-Back
$256,500
No
First
Apr 27, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,864
$78,136
24%
75%
$1,538/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,718/mo
+$202/mo
7.3%
