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$1,193,000

NAL Estimated Property Value

505 Normandy St, Austin, TX, 78745

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,008 Sq Ft
price_per_sqft$292.66 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Gas Cooktop, Gas Water Heater, See Remarks
FlooringSee Remarks, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,998 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces1

Land Information

APN0409050706
Lot Number14
SubdivisionPlacidena Subd
Land Use1 Family Dwelling
Legal DescriptionLOT 14 BLK B PLACIDENA SUBD
Census Tract002003
Assessed Land Value$300,000
Assessed Improvement Value$699,776
Assessment Year2025

About this property

Fabulous investment and remodel opportunity in 78745. Darling two bedroom, one bathroom cottage with lots of curb appeal needing a new owner's personal touch and TLC. Bonus enclosed sunroom has gorgeous exposed shiplap walls/ceiling with pass-through to the kitchen. Prime location and large backyard with gorgeous red oak tree. Nearby highlights include 512 Brewing Co, St. David's Hospital, St. Elmo Park and St. Elmo Public Market coming soon in 2020!

Investor Tools

Property Icon
$1,193,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,193,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,158 /month
Positive
Cash Flow Estimate:
$2,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$999,776
2025
$300,000
$699,776
$999,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$999,776

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,271,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,200/mo
N/A
+$2,200/mo
2.2%

City: Austin

505 Normandy St | Property Details | No Agent List