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LongTerm Rental
Info was updated
just now
Days on Market
44
Views
N/A
Saves
N/A
Property Estimate
$472,000
ROI
11.07%
LT Rental Confidence
N/A
Cap Rate
7.8%
Rent / Price
1.06%
Address:
40 N Interstate Highway 35 Hwy #4A4, Austin, TX 78701
Property Type
CONDO
Area
1,234 sqft
Bed & Bath
2bd / 2ba
Property Condition
Turn-Key
N
Contact Realtor
N/A

Property Report

May take a moment to make the report.

Research Market
TX 78701
Local Property Manager
N/A
Property photo
LongTerm Rental
Area
1234 sqft
Bed
2
Bath
2

Property Details

HOA Cost
None
Year Built
1983
Price Per Square Foot
$382 /sqft
Lot Size
967 sqft
Property Parking
N/A
Public Transport Score
N/A
Bike Score
N/A
Walkability
N/A

Seller Description

Downtown living at its best. Experience a peaceful walk on the 10 mile hike and bike trail by the water or walk one block to the vibrant Rainey Street District. Remodeled condo in the prized A Tower with a lake view from the covered balcony. 2 parking spots in the garage. The condominium complex has its own well for watering over 5 acres of lush landscaping, and amazing amenities, including heated indoor pool with party area, heated outdoor pool, hot tub, weight room, cardio-fitness room, steam and sauna rooms, indoor racketball basketball court, billiards room, piano room, library room, conference room, 24 hour concierge and security.

Schools

School District:
N/A

Mathews Elementary School

School Rating
8 /10
Grades
PK-6
Distance
2.1 miles

O Henry Middle School

School Rating
6 /10
Grades
6-8
Distance
3 miles

Austin High School

School Rating
7 /10
Grades
9-12
Distance
2.1 miles

Climate Risk

  • Flood Risk

    Risk Level
    High
    Risk Score
    8/10
    Insurance:
    Critical
  • Fire Risk

    Risk Level
    Very Low
    Risk Score
    1/10
    Insurance:
    Not Critical
  • Wind Risk

    Risk Level
    High
    Risk Score
    8/10
    Insurance:
    Critical
  • Air Risk

    Risk Level
    Very Low
    Risk Score
    2/10
  • Heat Risk

    Risk Level
    High
    Risk Score
    8/10

ROI Breakdown

Return on Investment
11.07%ROI
Total Income
$4,986
Total Expenses
$3,513
Total Appreciation
$1,145,668

Income

Monthly

Income
Monthly Income$4,986
Total Income
$4,986

Expenses

Monthly

Expenses
Mortgage$1,592
PMI$0
Maintenance$249
Cap Ex$349
Property Tax$550
Property Management$399
Home Insurance$165
HOA$0
Vacancy$209
Total Expenses
$3,513

Appreciation

30 yrs

Appreciation
Annual House Appreciation3%
Total Appreciation
$1,145,668

Return on Investment

30 yrs

Return on Investment
Total Initial Cost$125,080
Total Expenses$2,132,781
Total Appreciation$1,145,668
Selling Fee (6%)$68,740
Total Income$3,975,169
Total ROI
11.07%

Rental Opportunities

Zillow

Long-Term Rental Information

Average Monthly Revenue
$4,986
Average Monthly Expense
$3,513
Monthly Property Tax
$550
Estimated Monthly Profit
$1,473
LT Rental Confidence
N/A
Airbnb

Short-Term Rental Information

Average Monthly Rate
$6,609
Average Monthly Expense
$6,234
Average Nightly Rate
$331
Average Monthly Occupancy
67%
Estimated Monthly Profit
$376
ST Rental Confidence
N/A

Historical and Forecasting Property Data

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