1view

$285,000

6117 Berriweather Dr, Austin, TX, 78724

$286,068 ARV

Off Market

3 Beds

2 Bath

1,473 Sq Ft

Single Family Residence

$221.07 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Microwave, Free-Standing Range

FlooringCarpet, Vinyl

Exterior

Private Pool

Lot Size7,427 sqft

Building Information

Year Built2021

Stories1

Roof Type105

Garage Spaces1

Land Information

APN02055507060000

Lot Number17

SubdivisionGilbert Lane Subd Phs 5

Land UseResidential

Legal DescriptionLOT 17 BLK Q GILBERT LANE SUBD PHS 5

Census Tract002215

Assessed Land Value$81,026

Assessed Improvement Value$203,974

Assessment Year2025

About this property

UNDER CONSTRUCTION - EST COMPLETION IN SEPTEMBER. This Pioneer has 3 bedrooms and 2 baths. Has a chefs kitchen with granite countertops and huge center island that opens to the open family room, master retreat with huge walkin closet with spa like oversized shower. COVERED Patio Standard! Tiermo has a very low tax rate coupled with USDA financing allows for a low low monthly payment. The builder will be accepting offers between Friday, April 16th - Sunday, April 18th on this specific property. All offers to purchase requested by 2:00pm Sunday, March 18th. We are scheduling preview appointments during published business hours now. Please note-due to demand, we anticipate receiving multiple offers on many of our available properties & are advising customers to put forth their highest & best offer for consideration. We are not currently accepting investment purchases.

Investor Tools

$285,000

Estimated Property Value

$319,259Estimated Mortgage Balance

$0Estimated Equity

-12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$286,068

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,954 /month

Positive

Cash Flow Estimate:

$651 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$565/month

$10/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,361

$285,000

2025

$81,026

$203,974

$285,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,361

$285,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Fha

$319,259

Yes

First

Sep 10, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$290,990

N/A

102%

$1,915/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$1,925/mo

+$163/mo

8.8%

Learn About the Market: Opportunity in Austin

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