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$539,410

NAL Estimated Property Value

4609 Philco DR 2, Austin, TX, 78745

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,100 Sq Ft
price_per_sqft$527.27 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringWood

Exterior

Exterior FeaturesPrivate Yard
Lot Size3,955 sqft

Building Information

Year Built2024
Stories2
Garage Spaces1

Land Information

APN0412092303
Subdivision4609 Philco Condominiums
Land UseCondo
Legal Description4609 PHILCO CONDOMINIUMS UNT 2 PLUS 50 % INT IN COM AREA
Census Tract002002
Assessed Land Value$150,000
Assessed Improvement Value$389,410
Assessment Year2025

About this property

**Seller giving Concessions for rate buy down or closing costs with Preferred Lender!**Welcome to 4609 Philco St, Unit 2, a beautifully designed 2-bedroom, 2.5-bathroom home in the heart of South Austin. This new 1,100 square foot gem comes with a builder's warranty and offers modern amenities, stylish finishes, and a low-maintenance lifestyle, making it the ideal home for first-time buyers or a fantastic addition to your investment portfolio. This home offers two floors of living space and a 1 car garage. Both bedrooms come with their own en-suite bathroom and a half bathroom is conveniently located on the first floor. The Unit's design maximizes the space and this beautiful home offers a fenced backyard, perfect for humans and pets alike. Located just minutes from South Congress Avenue (SoCo), you'll have access to a wide variety of trendy restaurants, coffee shops, and live music venues such as Perla's and Home Slice Pizza. A short drive will take you to the heart of downtown Austin, where you can enjoy vibrant cultural attractions, entertainment, and nightlife. Outdoor enthusiasts will love being close to Lady Bird Lake, offering kayaking, walking trails, and stunning views of downtown Austin’s skyline. Home is priced to sell quickly! Schedule your showing today.

Investor Tools

Property Icon
$539,410
Estimated Property Value
$506,051Estimated Mortgage Balance
$33,359Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$539,410
2025
$150,000
$389,410
$539,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$539,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$517,500
No
First
Jan 30, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$506,051
$33,359
6%
94%
$3,103/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$3,103/mo
$-1,393/mo
3.8%

City: Austin

4609 Philco DR 2 | Property Details | No Agent List