$630,000
NAL Estimated Property Value40 N Interstate 35 12C2, Austin, TX, 78701
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesOven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
FlooringCarpet, Terrazzo, Tile
Exterior
Exterior FeaturesBalcony
Lot Size1,128 sqft
Building Information
Year Built1983
Stories1
Garage Spaces1
Land Information
APN02010402160166
Lot Number3A1
SubdivisionTowers Of Town Lake Condominiums Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 12C2 BLD D TOWERS OF TOWN LAKE CONDOMINIUMS AMENDED PLUS .496% INT IN COMMON AREA
Census Tract001103
Assessed Land Value$133,977
Assessed Improvement Value$338,246
Assessment Year2025
About this property
A MUST SEE! Upgraded to the MAX with incredible views of Downtown from the 12th floor. One block to fun filled Rainey Street, resort style living, gated and fenced 5+ acres. 2bedrooms, 2 baths, extensive renovations throughout. All appliances convey. Amenities include indoor heated pool, hot tub, outdoor pool, fitness center w/sauna, racquetball/basketball ct., weight rm., conference rm., library, 24 hr. concierge, on-site security. DON'T MISS THE PICTURES AND TOUR OF THIS INCREDIBLE CONDO!Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$630,000
Estimated Property Value
$208,097Estimated Mortgage Balance
$421,903Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
$624/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,045
$472,223
2025
$133,977
$338,246
$472,223
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,045
$472,223
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$239,700
No
First
Sep 24, 2019
Oct 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,097
$421,903
66%
33%
$1,438/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,062/mo
+$378/mo
4.6%
