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$590,734

1131 Salina St # 2, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,042 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$743.76 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size1,564 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02060915030000
Lot Number2
Subdivision1131 Salina St Condominiums
Land UseResidential
Legal DescriptionUNT 2 1131 SALINA ST CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract000804
Assessed Land Value$62,500
Assessed Improvement Value$528,234
Assessment Year2025

About this property

Located on the East Side, one of Austin's trendiest neighborhoods and entertainment districts surrounded by tons of eateries, bars, shopping and work spaces. Built in 2019, this home has been decked out with all of the style and funk you would expect from one of the hippest areas in Austin. Accented with marbled concrete floors, gem tone cabinets, custom wallpaper and more. Lounge out on your private back deck surrounded by lush landscaping or take in the city views from your rooftop patio. This home is truly one of a kind with its style and livability. Some of the best Austin has to offer is all within walking distance and you are truly less than 5 minutes to the center of town. Both units 1 & 2 are available for purchase and were originally listed together. Hence the significant price reduction as the original pricing was for both units together. That option is still available if interested.

Investor Tools

Property Icon
$590,734
Estimated Property Value
$705,500Estimated Mortgage Balance
$0Estimated Equity
-19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,658
$590,734
2025
$62,500
$528,234
$590,734
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,658
$590,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$705,500
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$661,686
N/A
0%
112%
$3,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$3,732/mo
$-2,106/mo
3.3%

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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