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$3,771,000

NAL Estimated Property Value

616 Logans Ln, Austin, TX, 78746

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,808 Sq Ft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Exterior FeaturesNone
Lot Size1.42 acres

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces4

Land Information

APN01211306070000
Lot Number15
SubdivisionSummit At West Rim On Mount Larson Blk D
Land UseResidential
Legal DescriptionLOT 15 BLK D SUMMIT AT WEST RIM ON MOUNT LARSON BLK D SEC 1 THE
Census Tract001913
Assessed Land Value$748,622
Assessed Improvement Value$4,052,347
Assessment Year2025

About this property

Hill Country VIEWS! One of the last lots available in the desirable gated community of Monticello, located off Westlake DR. Easy Access to 360 and only 7 minutes to downtown, this lot is ready for your dream home in the Eanes ISD. LOW TAX RATE, CITY SEWER (no septic), Travis county permitting (not city of Austin) and No Builder Attached. Cornerstone Architects floor plan ideas attached to maximize the view at the top of the lot.Restrictions: Yes

Investor Tools

Property Icon
$3,771,000
Estimated Property Value
$1,050,772Estimated Mortgage Balance
$2,722,261Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$22,626 /month
Positive
Cash Flow Estimate:
$7,542 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,673/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$37,216
$3,169,750
2025
$748,622
$4,052,347
$4,800,969
No

Tax History

Year
Tax Paid
Assessed Value
2024
$37,216
$3,169,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$1,159,500
No
First
May 5, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,050,772
$2,426,228
69%
28%
$6,952/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$7,652/mo
$-4,532/mo
1.0%

City: Austin

616 Logans Ln | Property Details | No Agent List