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$468,674

NAL Estimated Property Value

1120 Gillespie PL 2, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths925 Sq Ft
price_per_sqft$718.92 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Gas Range, Stainless Steel Appliances
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard
Lot Size4,108 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces1

Land Information

APN03030214030000
Lot NumberB
Subdivision1120 Gillespie Place Condominiums
Land UseResidential
Legal DescriptionUNT B 1120 GILLESPIE PLACE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001402
Assessed Land Value$300,000
Assessed Improvement Value$168,674
Assessment Year2025

About this property

Nestled in the heart of Travis Heights, this updated mid-century style 2 bed, 1 bath home offers bright and spacious living space with a backyard that is the definition of Austin living. With a 925 SF main house and a 120 SF detached ADU (not included in home square footage), you’ll have flexibility for guest space, home office, or a creative studio. As you walk in the front door, the open layout with high, beamed ceilings and abundance of natural light make the space feel large. The kitchen is equipped with stainless steel appliances, a breakfast bar, and custom shelves for ample storage, all overlooking the amazing backyard. The unexpected oversized yard is fully fenced and tree shaded making it a serene oasis in this urban setting. It is fully turfed for easy maintenance and complete with a Cowboy Pool for hot summer days. Additional features include a covered carport with an attached utility/storage room with private laundry. This home offers an unbeatable location, with easy access to I35, South Congress, Lady Bird Lake hike and bike trail, and Zilker Park, making it a perfect blend of comfort, style, and convenience. If you’re looking for a small space that feels large but provides the character of old Austin with modern amenities and the perfect outdoor space, welcome home.Seller has had success with short term rentals at this property.

Investor Tools

Property Icon
$468,674
Estimated Property Value
$564,136Estimated Mortgage Balance
$468,674Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,990 /month
Positive
Cash Flow Estimate:
$1,330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$956/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,130
$468,674
2025
$300,000
$168,674
$468,674
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,130
$468,674

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$603,250
No
First
Sep 8, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$564,136
N/A
0%
120%
$3,617/mo

City: Austin

1120 Gillespie PL 2 | Property Details | No Agent List