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$695,000

1601 West LN, Austin, TX, 78732

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,386 Sq Ft
DuplexDuplex
price_per_sqft$501.44 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
AppliancesDishwasher, Exhaust Fan, Electric Water Heater, Free Standing Electric Range, Disposal, Refrigerator, Range Hood, Stainless Steel Appliances
FlooringTile

Exterior

Exterior FeaturesPrivate Entrance, Private Yard

About this property

With large live oak trees, this almost 1/3 acre of prime property at 1601 West Lane sits just 2 minutes from Lake Austin at the bottom of Steiner Ranch. This is lake living at its best. Launch your boat or jet skis at the public boat ramp, fish off the shore, or paddle out on a paddle board. This unique offering includes two adjacent lots with tremendous flexibility for a new owner. Lot 34 is clear and vacant, while Lot 33 features two separate quaint, livable lake cottages Unit B is currently tenant-occupied, while Unit A is available for rent. Each cabin has its own fully fenced private yard, kitchen, bedrooms, full bathroom, interior laundry hookups and easy-care tile flooring. Unit A even has a wood burning fireplace. Enjoy the existing structures and rental potential, explore future possibilities for the vacant lot, or create a vision for the entire property. Near all that Steiner Ranch has to offer including top-ranked schools, the UT Golf Club, miles of hike & bike trails, and more. West Lane is easily accessed from Quinlan Park Road in a quiet setting with minimal through traffic—all just minutes from Lake Austin and the beauty and recreation it offers.

Investor Tools

$0Estimated Mortgage Balance
$695,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

Interested in this property?

Jennifer Rosas

Compass RE Texas, LLC

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Financing Details

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

City: Austin

1601 West LN | Property Details | No Agent List