$435,000
1403 Minnie Dr, Austin, TX, 78732
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDryer, Dishwasher, Electric Water Heater, Free Standing Gas Range, Microwave, Refrigerator, Washer
FlooringSee Remarks
Exterior
Exterior FeaturesBoat Ramp
Lot Size12,990 sqft
Building Information
Year Built1982
Stories1
Roof Type112
Land Information
APN01295805050000
Lot Number17
SubdivisionBaldwins Point Resub
Land UseResidential
Legal DescriptionLOT 17 BLK B BALDWINS POINT RESUB
Census Tract035100
Assessed Land Value$312,813
Assessed Improvement Value$111,920
Assessment Year2025
About this property
Rare opportunity for an affordable bungalow with 25ft boat/trailer parking space located walking distance to public boat ramp on Lake Austin. Own this home and enjoy boating on the lake for less than the cost of renting a slip! Lake Austin Spa is walking distance from the property and Steiner Ranch hike'n bike trails are easily accessible. Wonderful floor plan with high ceilings, metal roof, and tons of natural light. Enormous backyard. Gorgeous views. This home is a must see!
Investor Tools
$0Estimated Mortgage Balance
$430,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,382
$424,733
2025
$312,813
$111,920
$424,733
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,382
$424,733
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$430,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
N/A
+$1,700/mo
4.7%
