$3,771,000
NAL Estimated Property Value616 Logans Ln, Austin, TX, 78746
Off Market
Highlights
Interior
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
$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
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%
