$1,262,000
NAL Estimated Property Value407 El Paso St, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Private Yard
Lot Size6,521 sqft
Building Information
Year Built2020
Stories2
Roof Type112
Garage Spaces1
Land Information
APN04050306120000
Lot Number4
SubdivisionHunter Addn
Land UseResidential
Legal DescriptionLOT 4 HUNTER ADDN
Census Tract001308
Assessed Land Value$381,412
Assessed Improvement Value$818,879
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
$1,262,000
Estimated Property Value
$960,647Estimated Mortgage Balance
$304,980Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,786/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,122
$1,200,291
2025
$381,412
$818,879
$1,200,291
No
Tax History
Year
Tax Paid
Assessed Value
2024
$27,122
$1,200,291
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Elite Financing Group Llc
Conventional
$1,049,992
No
First
Sep 17, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$960,647
$273,353
22%
76%
$6,296/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$6,296/mo
$-3,826/mo
2.3%
