1303 Azie Morton Rd #12
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Zilker Elementary School
O Henry Middle School
Austin High School
Austin, TX Investment Analysis (2026)
Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,647/mo net cash flow with a 3.6% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Prime residential location in Austin, TX
- • Long-term capital appreciation corridor
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $1,195,000 | $578 |
| 2017-07-19 | Sold | $0 | – |
| 2017-07-03 | Pending sale | $739,000 | $357 |
| 2017-06-28 | Price change | $739,000 | $357 |
| 2017-06-18 | Listed for sale | $750,000 | $363 |
| 2016-06-27 | Sold | $0 | – |
| 2016-02-28 | Listing removed | $725,000 | $351 |
| 2016-02-18 | Listed for sale | $725,000 | $351 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $10,385.28 | $1,084,220 |
| 2024 | $10,730.31 | $1,038,486 |
| 2023 | $9,739.18 | $944,078 |
| 2022 | $12,530.19 | $858,253 |
| 2021 | $0 | $780,230 |
| 2020 | $12,667.17 | $709,300 |
| 2019 | $12,127.78 | $709,300 |
| 2018 | $13,904.77 | $703,512 |
| 2017 | $13,904.77 | $690,000 |
| 2016 | $11,008.49 | $613,878 |
| 2015 | $11,008.49 | $558,071 |
| 2014 | $11,008.49 | $507,337 |
| 2013 | $0 | $530,091 |
ARV, Rehab & Maximum Allowable Offer (MAO)
Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.
Calculated as (75% × $1,410,100) − $93,060
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $42,645/yr
On $274,850 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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