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$908,305

NAL Estimated Property Value

6911 Reese LN 1, Austin, TX, 78757

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,217 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$414.93 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size4,500 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02310835020000
Lot Number1
Subdivision6911 Reese Condominiums
Land UseResidential
Legal DescriptionUNT 1 6911 REESE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001504
Assessed Land Value$225,000
Assessed Improvement Value$683,305
Assessment Year2025

About this property

Perfection Under the Pecans! Good stories have great structure. Great stories have an amazing setting - Reese LN delivers both! Mindfully built under historic Pecan Trees the setting is perfect for this executive soft contemporary with smart spaces and cleverly designed comfort at every turn. Architecturally, Reese provides an intelligent open living concept with inspired dramatic ceiling volume and walls of glass. This design relationship establishes a perfect lifestyle blend. Seamlessly blending a spacious relationship between living, dining, kitchen and the spectacular custom outdoor living patios. Structure and Setting - Perfection under the Pecans! The interactive main-floor footprint sets up the culinary gifted with a Texas sized kitchen, a complete quartz and stainless-steel appliance package with complimenting center island.  Kitchen lighting is lit with the perfect blend of purposeful lighting and 180 degrees of natural light. Wood and concrete floor tones with clean angles and design, team with the dramatic window placement, cleverly connecting open concept living with the multiple integrated indoor/outdoor multi-purpose spaces.  Wildly holding you close to home are the custom outdoor living designs. Morning coffee on the tiered flagstone terrace to the front and evening wine and friends in the pergola party space with custom grill station to the rear. Perfection Under the Pecans! 2nd story living defines creativity and privacy. A center loft area provides a creative multi-purpose space, with the primary and secondary bedrooms shouldering. Each room providing intelligent design intent while remaining true to the design story; dramatic ceiling volume with glass and natural light presentations throughout. The newer construction location in Brentwood keeps the bedazzled lifestyle in rhythm with its central location. Under the Pecan Sun! All are invited to verify all marketing information.

Investor Tools

Property Icon
$908,305
Estimated Property Value
$680,349Estimated Mortgage Balance
$227,956Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,519 /month
Positive
Cash Flow Estimate:
$1,840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$908,305
2025
$225,000
$683,305
$908,305
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$908,305

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$699,000
No
First
Oct 15, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$680,349
$227,956
25%
75%
$4,191/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$4,191/mo
$-2,103/mo
2.8%

City: Austin

6911 Reese LN 1 | Property Details | No Agent List