$1,739,733
NAL Estimated Property Value908 Chote Ave, Austin, TX, 78702
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
AppliancesNone
FlooringCarpet, Linoleum
Exterior
Exterior FeaturesNone
Lot Size12,402 sqft
Building Information
Year Built2022
Stories2
Roof Type105
Garage Spaces2
Land Information
APN02041609050000
Lot Number7
SubdivisionGullett Gardens No 2
Land UseResidential
Legal DescriptionLOT 7 BLK 5 *LESS NE TRI GULLETT GARDENS NO 2
Census Tract002111
Assessed Land Value$354,764
Assessed Improvement Value$1,384,969
Assessment Year2025
About this property
Great investment/development opportunity on a .28 acre lot in one of the last growth areas of 78702. Minutes from the airport, Tesla and all that is the East Austin lifestyle including Whole Foods and countless restaurants, coffee shops, award willing BBQ and bars. This large lot is sandwiched between Bolm and Chote offering many development opportunities. Buyer must verify if city will allow entrance from Bolm. Survey ordered and expected on or before 10/20.
Investor Tools
$1,739,733
Estimated Property Value
$2,547,663Estimated Mortgage Balance
$579,507Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,438 /month
Positive
Cash Flow Estimate:
$3,479 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,842/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,739,733
2025
$354,764
$1,384,969
$1,739,733
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$1,739,733
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Unknown
$2,050,000
No
First
Jan 25, 2024
Feb 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,547,663
N/A
0%
146%
$15,795/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$15,795/mo
$-13,379/mo
1.7%
