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Owner Contacts

$728,000

NAL Estimated Property Value

4804 Ribbecke ST, Austin, TX, 78721

Off Market

3 Beds

1 Bath

1,011 Sq Ft

$414.44 / sqft

Built in 1957

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating

Cooling

AppliancesNone

FlooringCarpet, Laminate

Exterior

Exterior FeaturesNone

Lot Size3,276 sqft

Building Information

Year Built2022

Stories3

Garage Spaces1

Land Information

APN02112012020000

Subdivision4804 Ribbecke Avenue Condominiums

Land UseCondo

Legal Description4804 RIBBECKE AVENUE CONDOMINIUMS UNT A PLUS 27 % INT IN COM AREA

Census Tract002109

Assessed Land Value$77,625

Assessed Improvement Value$557,583

Assessment Year2025

About this property

Multiple Offers Received. Contact agent for offer instructions. Please submit best offer by 5pm Wednesday November 17. This East Austin home is perfect for a renovation or build on this large sized lot. Just ten minutes from the heart of downtown Austin, this home along the MLK corridor is close to the airport, Springdale park and walking distance to the Sahara Lounge. Enjoy the restaurants and retail on MLK or Manor Road, or head downtown for work or entertainment. This home has great bones or could be developed into a great multifamily property. It also rents quickly for anyone looking for a great investment

Investor Tools

$728,000

Estimated Property Value

$207,901Estimated Mortgage Balance

$520,099Estimated Equity

71% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,368 /month

Positive

Cash Flow Estimate:

$1,456 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,427/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,488

$635,208

2025

$77,625

$557,583

$635,208

Tax History

Year

Tax Paid

Assessed Value

2024

$13,488

$635,208

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Van H Beckwith

Conventional

$216,000

First

Mar 13, 2024

Mar 2033

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$207,901

$520,099

71%

29%

$1,296/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$1,296/mo

+$792/mo

3.4%

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