Last 24 Hours
$548,475
NAL Estimated Property Value505 Kemp, Austin, TX, 78741
Off Market
Commercial
6 Beds
4 Bath
800 Sq Ft
$306.25 / sqft
Built in 1945Highlights
Interior
Bedrooms 6
Bathrooms Full 4
Garage Available
Heating
CoolingFlooringCarpet, Vinyl, Wood
Exterior
Exterior FeaturesNone
Lot Size5,650 sqft
Building Information
Year Built2020
Stories2
Roof Type105
Garage Spaces1
Land Information
APN03041609030000
Lot NumberB
Subdivision505 Kemp Condominiums
Land UseResidential
Legal DescriptionUNT B 505 KEMP CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002327
Assessed Land Value$90,000
Assessed Improvement Value$458,475
Assessment Year2025
About this property
Office Building, currently used as a Church - ZONE: SF3 for Duplex or Residential
Plenty of space for parking-the # of parking spaces in the MLS is an estimate for the space available in the front of the building. More space in the back
Seller is willing to leave everything that is inside the church ONLY if the buyer will use the building as a church - Seller will only take cruces and baby changing table.
Investor Tools
$548,475
Estimated Property Value
$387,184Estimated Mortgage Balance
$161,291Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,291 /month
Positive
Cash Flow Estimate:
$1,097 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,297/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,819
$548,475
2025
$90,000
$458,475
$548,475
No
Tax History
Year
Tax Paid
Assessed Value
2024
$12,819
$548,475
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$429,750
No
First
Mar 18, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,184
$161,291
29%
71%
$2,577/mo
12.4%