$2,300
7024 Ranchito Dr, Austin, TX, 78744
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Oven, Free-Standing Range
FlooringCarpet, Tile
Exterior
Lot Size6,830 sqft
Building Information
Year Built2018
Stories1
Roof Type105
Garage Spaces1
Land Information
APN03300807020000
Lot Number19
SubdivisionSpringfield Sec 8a & 8b
Land UseResidential
Legal DescriptionLOT 19 BLK D SPRINGFIELD SEC 8A & 8B
Census Tract002448
Assessed Land Value$32,457
Assessed Improvement Value$338,074
Assessment Year2025
About this property
Welcome to this spacious single-story home on a prime corner lot in Southeast Austin! Featuring 4 bedrooms, 2 bathrooms, and a bright, expansive living area, this floor plan offers room for everyone. All appliances are included. Enjoy the Texas weather in the generous backyard with a patio. Community amenities include a neighborhood playground, with optional access to the community pool (additional subscription fee required). Convenient location with fast access to major roadways.
Investor Tools
$250,735Estimated Mortgage Balance
$126,268Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$715/month
$59/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,699
$370,531
2025
$32,457
$338,074
$370,531
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,699
$370,531
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assurance Financial Group Llc
Conventional
$279,400
No
First
Jan 5, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,735
$119,796
32%
67%
$1,676/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,735/mo
+$353/mo
6.7%
