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Owner Contacts

$348,000

NAL Estimated Property Value

11203 Ranch Road 2222 Apt 2506, Austin, TX, 78730

Off Market

2 Beds

2 Bath

1,220 Sq Ft

$278.61 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating

Cooling

AppliancesGas Range

FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesSee Remarks

Lot Size4,504 sqft

Building Information

Year Built2002

Stories2

Roof Type105

Garage Spaces1

Land Information

APN01543003490000

Lot Number2506

SubdivisionAlicante Condominium Townhomes Amended

Land UseResidential

Legal DescriptionUNT 2506 ALICANTE CONDOMINIUM TOWNHOMES AMENDED PLUS .589 % INT IN COM AREA

Census Tract035000

Assessed Land Value$40,534

Assessed Improvement Value$291,938

Assessment Year2024

About this property

Corner unit with 2 car garage, and only 2 LEVELS! Located in the gated community of Alicante Townhomes, at the intersection of 2222 & 620; just minutes from Lake Travis, the Hill Country, and downtown Austin. Unit is right inside the gate, with guest parking outside the unit, and 2 entrances to the complex for easy access to 620 and FM 2222. 2 bedroom, 2 bath, with desk area, and laundry room. Condo backs up to trees with patio on 1st level and balcony off 2nd level for treehouse feeling. Stainless steel appliances. Community Amenities offer sparkling pool, hot tub, fully equipped gym, and two dog parks. HOA Benefits includes Spectrum cable, high-speed internet, trash removal, and weekly lawn maintenance.

Investor Tools

$348,000

Estimated Property Value

$146,377Estimated Mortgage Balance

$201,847Estimated Equity

57% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,088 /month

Positive

Cash Flow Estimate:

$696 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$549/month

$365/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,847

$307,386

2024

$40,534

$291,938

$332,472

Tax History

Year

Tax Paid

Assessed Value

2024

$4,847

$307,386

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Affinity Llc

Conventional

$149,000

First

Apr 22, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$146,377

$201,623

57%

42%

$894/mo

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