Last 24 Hours
$525,000
NAL Estimated Property Value509 E 38 1/2 ST, Austin, TX, 78751
Off Market
2 Beds
1 Bath
1,106 Sq Ft
$474.68 / sqft
Built in 1939Property Lead Type:
Off-Market List
Highlights
Interior
Bedrooms 2
Bathrooms 1AppliancesFree-Standing Range
FlooringWood
Building Information
Garage Spaces1
About this property
Located on a quiet shady street down the block from beautiful Hancock Golf Course. This adorable 1939 cottage is ready for restoration and/or a sizable addition. Lot will accommodate up to approx 2,900 SF & is not subject to Hyde Park Historic District rules. Walking distance to Hyde Park's popular restaurants, shops, Shipe Park & Pool. Seller has already replaced sewer/water lines, replaced piers, added grounded outlets & CAT6 ethernet wiring. Located within Lee Elementary boundaries.Garage,alley access.Restrictions: Yes
Investor Tools
$525,000
Estimated Property Value
$0Estimated Mortgage Balance
$525,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%