$963,000
NAL Estimated Property Value63 Lynn St, Austin, TX, 78702
Off Market
Property Lead Type:
Deal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Dishwasher, Disposal, Microwave, Washer/Dryer Stacked
FlooringCarpet, Wood
Exterior
Lot Size3,241 sqft
Building Information
Year Built2013
Stories2
Roof Type105
Garage Spaces1
Land Information
APN02020806170000
Lot Number9
SubdivisionDriving Park Addn
Land UseResidential
Legal DescriptionN67.5 FT OF LOT 9 BLK E OLT 49&50 DIV O DRIVING PARK ADDN
Census Tract001000
Assessed Land Value$397,055
Assessed Improvement Value$502,765
Assessment Year2025
About this property
Perfect Airbnb / Short Term Rental. $101,648 gross revenue in 2018. Trending higher for '19. Room to increase w/ a re-design. Current STR Type 2 Lic. w/ CoA. Live/Work/Play East ATX. Highly desired neighborhood. Launderette is a block away. Walk to downtown, Rainey ST, Cenote, East Side Tav, Bufalina, Stay Gold, Quickie Pickie/LaBBQ & More! W/D & most furnishings (~$20k) convey incl. smart home Nest Stat & Schlage keyless entry. Potential to package w/ a 2nd Property nearby w/ similar/better #s.
Investor Tools
$963,000
Estimated Property Value
$422,303Estimated Mortgage Balance
$540,697Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,778 /month
Positive
Cash Flow Estimate:
$1,926 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,097/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,344
$899,820
2025
$397,055
$502,765
$899,820
No
Tax History
Year
Tax Paid
Assessed Value
2024
$20,344
$899,820
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmac Lending Inc
Conventional
$484,350
No
First
Nov 13, 2019
Dec 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,303
$497,697
54%
44%
$2,904/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,904/mo
$-816/mo
2.6%
