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$391,281

NAL Estimated Property Value

903 Vargas RD, Austin, TX, 78741

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,050 Sq Ft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3,515 sqft

Building Information

Year Built2021
Stories2
Roof Type121

Land Information

APN03061812030000
Lot NumberB
Subdivision903 Vargas Site Condominiums
Land UseResidential
Legal DescriptionUNT B 903 VARGAS SITE CONDOMINIUMS PLUS 47.0 % INT IN COM AREA
Census Tract002321
Assessed Land Value$77,550
Assessed Improvement Value$313,731
Assessment Year2025

About this property

HOT development opportunity in the Montopolis area! This SF3 zoned lot is ~7658 sq ft (per CAD) is cleared and ready to for your next project! Water/power/sewer hook-ups on site saving you time, hassle, and cash. Opportunities include SFR, SFR+ADU, Duplex, or A-B Condo Regime. Comps of A-B units in the area are in the ballpark of $350/sq ft - lots of room for upside! Building plans and engineering available for A-B unit development available if desiredRestrictions: Yes Comm. Features: Health Club Discount

Investor Tools

Property Icon
$391,281
Estimated Property Value
$278,666Estimated Mortgage Balance
$112,615Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,348 /month
Positive
Cash Flow Estimate:
$783 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,037/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,487
$391,281
2025
$77,550
$313,731
$391,281
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,487
$391,281

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$307,500
No
First
May 19, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,666
$112,615
28%
71%
$1,844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,844/mo
$-218/mo
5.0%

City: Austin

903 Vargas RD | Property Details | No Agent List