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$1,400,000

3002 Webberville Rd 1 & 2, Austin, TX, 78702

On MarketInfo
Beds6 Beds
Baths5 Bath
Baths3,045 Sq Ft
price_per_sqft$459.77 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesConvection Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Oven, Plumbed For Ice Maker, See Remarks, Stainless Steel Appliances
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony, Lighting, Private Entrance, Private Yard, Rain Gutters, See Remarks
Lot Size7,497 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02061219180000
Lot Number2
SubdivisionLorraine Heights
Land UseResidential
Legal DescriptionLOT 2 BLK 2 OLT 12 DIV B LORRAINE HEIGHTS PLUS 1/2 ADJ VAC ALLEY
Census Tract000802
Assessed Land Value$325,000
Assessed Improvement Value$190,141
Assessment Year2024

About this property

Two houses in 78702 for $1.4M. Yes, both. 3002 Webberville pairs a brand-new 3-bed, 2.5-bath house with a fully renovated 3-bed, 2-bath bungalow. Both are standalone and move-in ready, on one lot. The back house is 1917 sq ft of new construction. The living room is the showpiece: a dramatic vaulted ceiling over a wall of windows with transoms above. It opens to a kitchen with walnut cabinetry, quartz countertops, a gas range, and a big island, and a small office sits just off the dining area. Upstairs are all three bedrooms, led by a large primary with its own balcony. A one-car garage, covered patio, and fenced yard round it out. The front house is a 1985 bungalow, 1,128 sq ft, renovated top to bottom. Sage tile, brass fixtures, and open shelving in the kitchen, a walk-in tiled shower, and a covered cedar porch out front. It can be purchased furnished. A total of 6 bedrooms and 4.5 baths give you options. Live in the new house and let the bungalow's rent offset your mortgage. Rent both. Set up a multigenerational compound. Or sell one house later: each is its own legal unit under a condo regime, with no shared walls. Customization options are available on the lot. STR Management projects up to $200K in first-year gross revenue with both houses rented together, and $250K+ with a cowboy pool added (projected revenue report available).

Investor Tools

$326,296Estimated Mortgage Balance
$203,704Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

Interested in this property?

Zachary Sagay

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$352,129
2024
$325,000
$190,141
$515,141
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$352,129

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Unknown
$336,300
No
First
Dec 31, 2024
Oct 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,296
$203,704
38%
62%
$2,017/mo

City: Austin

3002 Webberville Rd 1 & 2 | Property Details | No Agent List