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$373,254

NAL Estimated Property Value

8002 Linda Michelle Ln, Austin, TX, 78724

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,514 Sq Ft
price_per_sqft$272.78 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
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

Property Icon
$373,254
Estimated Property Value
$298,122Estimated Mortgage Balance
$75,132Estimated Equity
20% 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
No

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
No
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%

City: Austin

8002 Linda Michelle Ln | Property Details | No Agent List