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$520,000

NAL Estimated Property Value

802 Ramble Ln, Austin, TX, 78745

Off MarketInfo
Beds— Beds
Baths2 Bath
Baths1,664 Sq Ft
price_per_sqft$315.5 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Free Standing Gas Range, Disposal, Gas Oven, Gas Water Heater, Refrigerator, Stainless Steel Appliances
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size11,082 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04141016270000
Lot Number10
SubdivisionSalem Village
Land UseResidential
Legal DescriptionLOT 10 BLK B SALEM VILLAGE
Census Tract002410
Assessed Land Value$300,000
Assessed Improvement Value$160,795
Assessment Year2025

About this property

Renovated in 2018, this duplex has a clean, contemporary feel that’s easy to maintain and easy to rent. The oversized lot along the Williamson Creek Greenbelt adds extra breathing room and strengthens the long-term investment appeal. Wood-look flooring runs through the main living areas, modern finishes keep things current, and each unit offers 2 bedrooms, 1 bath, open living spaces, and an interior laundry room. It’s a layout that appeals to a wide range of tenants. Unit A features a fenced front patio plus a spacious yard beside a green space, and is currently operating as a short-term rental, giving flexibility for an owner-occupant or continued STR use. Unit B includes a raised deck with access to a private backyard and is leased through 7/31, providing immediate income from day one. The location is what really strengthens the investment. You’re minutes from South Congress, South Lamar, Downtown, and the St. Elmo District, putting restaurants, breweries, coffee spots, and live music right in the mix. Easy access to Ben White, I-35, Mopac, and the airport makes it appealing for both long-term tenants and short-term guests. It’s a flexible setup in a part of town where rental demand stays consistent, whether you're building a portfolio, house-hacking, or holding for long-term growth. A South Austin, income from day one, and a contemporary design that’s easy to maintain… it’s Hard to overthink this one! Buyer to verify all info.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$329,362Estimated Mortgage Balance
$190,638Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,366
$460,795
2025
$300,000
$160,795
$460,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,366
$460,795

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Capitol Mortgage
Unknown
$388,800
No
First
Dec 28, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,362
$190,638
36%
63%
$2,332/mo

City: Austin

802 Ramble Ln | Property Details | No Agent List