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$271,000

1306 Lily Ter, Austin, TX, 78741

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths900 Sq Ft
price_per_sqft$333.22 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesNone
FlooringConcrete, Linoleum, Vinyl

Exterior

Exterior FeaturesNone
Lot Size7,353 sqft

Building Information

Year Built1971
Stories1
Roof Type105

Land Information

APN03051408180000
Lot Number5
SubdivisionCountry Club Gardens Sec 4
Land UseResidential
Legal DescriptionLOT 5 BLK E COUNTRY CLUB GARDENS SEC 4
Census Tract002325
Assessed Land Value$165,865
Assessed Improvement Value$67,118
Assessment Year2025

About this property

Attention Investors! Bring your Paint Brushes! Unleash your dream home potential in the thriving Montopolis neighborhood, one of Austin's most rapidly developing areas. This exceptional property boasts a spacious level lot, brimming with possibilities for transformation. Whether you envision a meticulous remodel or a fresh start with new construction, this blank canvas awaits your creative vision. Free from the constraints of a homeowners association, you have the freedom to craft a living space that aligns perfectly with your lifestyle and aspirations. The property's prime location, nestled amidst the flourishing east Riverside corridor, offers effortless access to the newly expanded Hwy-183 and a swift commute to downtown Austin's vibrant attractions. With its generous lot, this property presents an unparalleled opportunity to design a home that reflects your unique style and exceeds your expectations. Embrace the chance to revitalize this existing structure or embark on a new construction project, tailoring your dream home to suit your every need and desire. Seize this remarkable investment opportunity and craft a haven that embodies your aspirations in one of Austin's most promising neighborhoods. Contact us today to schedule a viewing and let your imagination soar!

Investor Tools

Property Icon
$271,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$79,758Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,983
$232,983
2025
$165,865
$67,118
$232,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,983
$232,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$200,000
No
First
Dec 26, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,558
$96,442
33%
71%
$1,200/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1306 Lily Ter | Property Details | No Agent List