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$761,897

NAL Estimated Property Value

1140 Northwestern Ave # 2, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,139 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$604.92 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size3,494 sqft

Building Information

Year Built2022
Stories2
Garage Spaces1

Land Information

APN02061020030000
Subdivision1140 Nw Condominiums
Land UseCondo
Legal Description1140 NW CONDOMINIUMS UNT 2 PLUS 50.0000 % INT IN COM AREA
Census Tract000804
Assessed Land Value$187,500
Assessed Improvement Value$574,397
Assessment Year2025

About this property

Discover contemporary living in this privately-gated 3-bedroom, 2.5-bathroom home located in the highly walkable and vibrant Rosewood neighborhood of East Austin. Built in 2023, this 1,139-square-foot residence combines stylish design with everyday functionality just minutes from downtown. Step through the oversized, glass front door to find an open-concept layout filled with natural light and warm hardwood floors throughout. Featuring Bosch appliances, the modern kitchen flows seamlessly into the living and dining areas, creating a bright and social atmosphere. The main level is perfect for entertaining, featuring a spacious living area, a sleek powder bath, and a versatile bedroom with direct outdoor access—ideal for guests or a home office. Upstairs, two additional bedrooms with ensuite bathrooms offer privacy and comfort, all while enjoying striking views of the downtown Austin skyline. The home also includes an attached 1-car garage with epoxy flooring and custom shelving for added convenience and storage. Other upgrades include custom electric shades throughout the home, an exterior security system and 10-year smoke detectors. Upgrades include: custom electric shades throughout the home, garage epoxy flooring and shelving, 10-year smoke detectors, exterior security system, private gate installation, custom laundry cabinet and soft-close cabinets. Walkable to Desnudo Coffee, Sour Duck, Hillside Farmacy, Paperboy, Kitty Cohen's, Veracruz Tacos, Nickel City, plus much more. With thoughtful design, premium finishes, and an unbeatable location, this home is a rare find in one of East Austin’s most desirable neighborhoods.

Investor Tools

Property Icon
$761,897
Estimated Property Value
$590,477Estimated Mortgage Balance
$172,395Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,571 /month
Positive
Cash Flow Estimate:
$1,524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,154
$761,897
2025
$187,500
$574,397
$761,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,154
$761,897

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Conventional
$616,500
No
First
Dec 22, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$590,477
$171,420
22%
78%
$3,697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$3,697/mo
$-2,071/mo
2.6%

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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1140 Northwestern Ave # 2 | Property Details | No Agent List