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$618,000

NAL Estimated Property Value

1131 Gillespie PL 2, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,100 Sq Ft
price_per_sqft$545.36 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Energy Star Qualified Appliances, Free Standing Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliances
FlooringCarpet Free, Concrete, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2,923 sqft

Building Information

Year Built2019
Stories2
Roof Type112
Garage Spaces1

Land Information

APN03030222030000
Lot Number2
Subdivision1131 Gillespie Condominiums
Land UseResidential
Legal DescriptionUNT 2 1131 GILLESPIE CONDOMINIUMS PLUS 30.0 % INT IN COM AREA
Census Tract001402
Assessed Land Value$180,000
Assessed Improvement Value$386,308
Assessment Year2025

About this property

Sleek contemporary home built by Urban ATX and designed by acclaimed Davey McEathron Architecture. Great opportunity for new build in Travis Heights. Very private unit with fenced yard and inviting rooftop deck. Open floor plan with expansive windows, gorgeous concrete/wood/tile floors, quality finish, custom tile, lighting and fixtures throughout. Beautiful kitchen features Bosch appliances, modern cabinetry and a gas range. Located near parks & entertainment! See our other inventory in '04, attached. Sprinkler Sys:Yes

Investor Tools

Property Icon
$618,000
Estimated Property Value
$483,946Estimated Mortgage Balance
$134,054Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,002/month
$30/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,937
$566,308
2025
$180,000
$386,308
$566,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,937
$566,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$526,000
No
First
Jan 10, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$483,946
$134,054
21%
78%
$3,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$3,184/mo
$-1,544/mo
3.2%

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.

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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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