$1,120,000
NAL Estimated Property Value400 Lightsey ST, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesOven, Built-In Electric Oven, Built-In Electric Range, Convection Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s)
FlooringWood
Exterior
Exterior FeaturesGarden, Balcony, Private Yard
Lot Size6,421 sqft
Building Information
Year Built2020
Stories2
Roof Type112
Garage Spaces1
Land Information
APN04070311590000
Lot Number22
SubdivisionBrinwood Sec 4
Land UseResidential
Legal DescriptionLOT 22 BLK 2 BRINWOOD SEC 4
Census Tract001308
Assessed Land Value$380,606
Assessed Improvement Value$567,882
Assessment Year2025
About this property
This amazing modern new construction by Rivendale Homes is the newest addition to the desirable 78704. Walk in the front door which opens into the kitchen & living areas with high ceilings and plenty of windows showing off the large backyard and covered patio. This home is a short bike ride away from South Congress, Zilker Park as well as plenty of Austin hotspots including Matt's El Rancho, Fresa's, Polvos, Elizabeth Street Cafe, and more. Stellar location. No HOA (Completion Date Late August)
Investor Tools
$1,120,000
Estimated Property Value
$866,970Estimated Mortgage Balance
$253,030Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,001/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,414
$948,488
2025
$380,606
$567,882
$948,488
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,414
$948,488
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A & N Mortgage Services Inc
Conventional
$974,990
No
First
Oct 12, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$866,970
$253,030
22%
77%
$3,787/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$3,787/mo
$-937/mo
3.1%
