$450,000
7308 Salt Springs Dr, Austin, TX, 78744
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesFree Standing Gas Range, Gas Range, Microwave, Refrigerator
FlooringVinyl
Exterior
Exterior FeaturesPrivate Entrance, Private Yard
Lot Size8,250 sqft
Building Information
Year Built1983
Stories1
Roof Type105
Garage Spaces2
Land Information
APN03320304060000
Lot Number22
SubdivisionYarrabee Bend South Sec 1
Land UseResidential
Legal DescriptionLOT 22 BLK H YARRABEE BEND SOUTH SEC 1
Census Tract002439
Assessed Land Value$66,746
Assessed Improvement Value$266,499
Assessment Year2025
About this property
Great Investor duplex with long term leases in place on both units. 2/2 and 3/2 --BOTH units have been very nicely updated. Updated Kitchen with quartz countertops, new cabinetry & applicances, updated baths, luxury vinyl plank flooring throughout. Covered carport. **BUYER TO VERIFY ALL INFORMATION-- included Flood Plain & schools (Padres Middle School has closed) -see My Flood Status report in attachments . N
Investor Tools
$221,224Estimated Mortgage Balance
$130,776Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$715/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,820
$333,245
2025
$66,746
$266,499
$333,245
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,820
$333,245
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$248,500
No
First
Feb 3, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,224
$130,776
37%
63%
$1,490/mo
