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$558,750

NAL Estimated Property Value

7616 PROVIDENCE Ave, Austin, TX, 78752

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,498 Sq Ft
price_per_sqft$246.93 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Water Heater, Exhaust Fan, Gas Range, Plumbed For Ice Maker, Stainless Steel Appliance(s), Tankless Water Heater
FlooringLaminate, Vinyl, See Remarks

Exterior

Lot Size4,034 sqft

Building Information

Year Built2021
Stories2
Garage Spaces1

Land Information

APN02311815020000
Subdivision7616 Providence Avenue Site Condominiums
Land UseResidential
Legal Description7616 PROVIDENCE AVENUE SITE CONDOMINIUMS UNT 1 PLUS 50.00 % INT IN COM AREA
Census Tract043300
Assessed Land Value$137,500
Assessed Improvement Value$421,250
Assessment Year2024

About this property

St. Johns modern, completely detached condo. 3 bed/2.5 bath. $0 HOA Fee. Vinyl plank flooring throughout, Silestone counters, and custom cabinetry throughout. Spray-in foam insulation and tank-less gas water heater. Master downstairs. High ceilings. Upgraded interior doors. Electric vehicle charging port already installed! Private, fenced-in backyard. Easy access to major employers & shopping areas, just minutes away from the Domain shopping and entertainment district, and 20 mins from COTA and ABIA. Perfect opportunity for first-time home buyers, or investors. ***Buyers who finance this property through Newrez are eligible for a closing credit of $1,000***.

Investor Tools

Property Icon
$558,750
Estimated Property Value
$344,587Estimated Mortgage Balance
$214,163Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,353 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$558,750
2024
$137,500
$421,250
$558,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$558,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$353,479
Yes
First
Nov 4, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,587
$214,163
38%
62%
$2,120/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,120/mo
$-32/mo
4.5%

City: Austin

7616 PROVIDENCE Ave | Property Details | No Agent List