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$515,000

2407 Lancaster Dr, Austin, TX, 78748

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.1 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.75Bathrooms Full 1.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Range, Built In Oven, Dryer, Dishwasher, Exhaust Fan, Refrigerator, Range Hood, Washer
FlooringCarpet, Linoleum, Tile

Exterior

Exterior FeaturesSee Remarks
Lot Size14,270 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN04262108040000
Lot Number4
SubdivisionCastlewood Forest Sec 7
Land UseResidential
Legal DescriptionLOT 4 BLK H CASTLEWOOD FOREST SEC 7
Census Tract031800
Assessed Land Value$280,873
Assessed Improvement Value$307,759
Assessment Year2026

About this property

PROFESSIONAL PHOTOS SCHEDULED, 11/9 **Great bones, endless potential, and a convenient South Austin location!** This 3-bedroom, 2-bath home offers 1,980 square feet of living space with two dining areas and a functional floor plan ready for your personal touch. Lovingly maintained in its original condition, this home is the perfect opportunity for buyers looking to update and make it their own. Major bonus: the roof was replaced in 2023! With no HOA and easy access to shopping, dining, entertainment, and major roadways, this property offers a fantastic opportunity to create something special in an established South Austin neighborhood. Bring your vision and make it yours!

Investor Tools

$0Estimated Mortgage Balance
$608,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,648 /month
Positive
Cash Flow Estimate:
$1,216 /month

Interested in this property?

Tracy Trevino

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,080/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,922
$588,632
2026
$280,873
$307,759
$588,632
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,922
$588,632

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$608,000
100%
0%
$0/mo

City: Austin

2407 Lancaster Dr | Property Details | No Agent List