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$585,000

1115 Kinney Ave 9, Austin, TX, 78704

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths3 Bath
Baths1,619 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$361.33 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher Dryer Stacked, Dishwasher, Exhaust Fan, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size1,956 sqft

Building Information

Year Built2005
Stories3
Roof Type105
Garage Spaces1

Land Information

APN01020409100000
Lot Number9
SubdivisionIvy On Kinney Condominiums Amended The
Land UseResidential
Legal DescriptionUNT 9 IVY ON KINNEY CONDOMINIUMS AMENDED THE PLUS 2.223% INT IN COM AREA
Census Tract001310
Assessed Land Value$127,270
Assessed Improvement Value$441,030
Assessment Year2025

About this property

Rare opportunity to own a beautifully updated end-unit townhome-style condo in the heart of Zilker. Quietly tucked away from the hustle and bustle of South Lamar and Barton Springs Road, yet just minutes from Austin’s most iconic destinations, this home offers the perfect blend of privacy, convenience, and walkability. With over 1,600 square feet, this 2-bedroom, 2.5-bath residence lives more like a single-family home than a condo. The versatile three-level floor plan features a private office or flex space on the ground floor, open-concept living, dining, and kitchen areas on the second level, and two spacious bedrooms with en-suite baths on the top floor. Recent updates throughout the kitchen and bathrooms create a fresh, modern feel. The kitchen is highlighted by a rare island cooktop with a drop-down vent, offering both style and functionality. As an end unit, the home enjoys abundant natural light and added privacy. Leave the car behind and enjoy easy access to Barton Springs Pool, Zilker Park, Lady Bird Lake trails, Alamo Drafthouse, Blues on the Green, ACL Festival, and the countless dining, shopping, and entertainment options along South Lamar. Surrounded by multimillion-dollar homes, this property offers exceptional value in one of Austin’s most desirable neighborhoods. Additional highlights include a recently replaced roof and a well-managed HOA with dues that have remained unchanged since 2020. Short-term rentals are not permitted, with a 90-day minimum lease term helping preserve the character and stability of the community. Exceptional location, generous living space, stylish updates, and unmatched walkability make this Zilker gem a rare find.

Investor Tools

$353,173Estimated Mortgage Balance
$239,827Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

Interested in this property?

Monica DiSchiano

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,155/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,899
$568,300
2025
$127,270
$441,030
$568,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,899
$568,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Adelo Mortgage Inc
Conventional
$392,000
No
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,173
$239,827
40%
60%
$2,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,701/mo
$-781/mo
3.9%

City: Austin

1115 Kinney Ave 9 | Property Details | No Agent List