$168,000
1800 Lavaca ST 204, Austin, TX, 78701
On Market
Just Added
Property Lead Type:
BankruptcyDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesExhaust Fan, Gas Cooktop, Disposal, Microwave, Oven, Refrigerator
FlooringTile
Exterior
Exterior FeaturesNone
Lot Size388 sqft
Building Information
Year Built1966
Stories1
Garage Spaces1
Land Information
APN02100224110096
Lot Number707
SubdivisionGreenwood Towers Amended
Land UseCondominiums
Legal DescriptionUNT 707 BLD A GREENWOOD TOWERS AMENDED PLUS 1.13% INTEREST IN COMMON AREA
Census Tract000700
Assessed Land Value$194,925
Assessed Improvement Value$88,488
Assessment Year2024
About this property
Opportunity is Knocking. Super Value . Unbelievable Price. Impeccable Location. Magnificent Affordable Midrise bordering the University of Texas and Downtown. Open floorplan with custom ceramic tile through out with upgraded kitchen and bath with Maple Cabinets, Granite Counters, and Stainless Appliances. Secured Entry and Parking. HOA dues cover Electric, Water, Hot water, and Gas. One Block from the UT Campus and 5 blocks to the Capital.
Investor Tools
$5,614Estimated Mortgage Balance
$306,386Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$530/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,617
$283,413
2024
$194,925
$88,488
$283,413
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,617
$283,413
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Steve Ogden
Unknown
$15,000
No
First
Mar 19, 2004
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$5,614
$306,386
98%
2%
$90/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$620/mo
+$1,820/mo
9.4%
