Street View

1view

Owner Contacts

$373,254

8002 Linda Michelle Ln, Austin, TX, 78724

Off Market

3 Beds

2 Bath

1,514 Sq Ft

Single Family Residence

$272.78 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Microwave, Free-Standing Range

FlooringCarpet, Vinyl

Exterior

Private Pool

Lot Size4,800 sqft

Building Information

Year Built2021

Stories1

Roof Type105

Garage Spaces1

Land Information

APN02214006230000

Lot Number20

SubdivisionParker Creek Ranch Phs 4

Land UseResidential

Legal DescriptionLOT 20 BLK D PARKER CREEK RANCH PHS 4

Census Tract002222

Assessed Land Value$75,000

Assessed Improvement Value$298,254

Assessment Year2025

About this property

NEW CONSTRUCTION. ESTIMATED COMPLETION MARCH 2022. The Redwood II is a single-story offering 3 bedrooms, 2 bathrooms and 1,514 sq. ft. of living space. The spacious kitchen is open to the dining room and family room. The kitchen features stainless steel appliances and Quartz countertops. The open family room has a perfect view of the covered back patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk in closet and large walk in shower. The Redwood also includes full yard professional irrigation and landscaping complete with Bermuda sod. This home includes our HOME IS CONNECTED base package which includes the Alexa Voice control, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

Investor Tools

$373,254

Estimated Property Value

$321,660Estimated Mortgage Balance

$75,132Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,478 /month

Positive

Cash Flow Estimate:

$826 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$679/month

$60/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,278

$373,254

2025

$75,000

$298,254

$373,254

Tax History

Year

Tax Paid

Assessed Value

2024

$6,278

$373,254

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Conventional

$321,660

First

Jun 7, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$298,122

$75,132

20%

80%

$1,929/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,088/mo

$1,989/mo

+$99/mo

6.7%

Learn About the Market: Opportunity in Austin

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