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$425,000

1150 Mason Ave B, Austin, TX, 78721

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths925 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$636.76 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Oven, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Washer/Dryer Stacked, Water Heater
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2,409 sqft

Building Information

Year Built2019
Stories1
Roof Type105

Land Information

APN02091942030000
Lot Number2
Subdivision1150 Mason Avenue Site Condominiums
Land UseResidential
Legal DescriptionUNT 2 1150 MASON AVENUE SITE CONDOMINIUMS PLUS 37.0 % INT IN COM AREA
Census Tract002110
Assessed Land Value$83,250
Assessed Improvement Value$334,613
Assessment Year2025

About this property

Check out this rare, single story freestanding ADU in 78721! Built in 2020 this home features energy efficient construction with concrete floors throughout, a tankless water heater, Minka fans in every room and ample natural light. The kitchen is centered around the island including a breakfast bar overhang with modern island pendants and has quartz countertops, a herringbone backsplash and stainless steel appliances. The counter depth fridge with filtered ice and water and the full size, stackable washer and dryer are all included. The vaulted ceilings peak at 14' and with the large picture windows, the open concept living space is a joy to relax in. The primary bedroom is tucked on the back of the house and includes an ensuite with a dual vanity, walk-in seamless glass shower and plenty of storage with a built out walk-in closet. The architectural butterfly roof seamlessly flows into the 1 car attached carport and the long driveway allows for plenty of off-street parking. Only 4 miles from downtown this home is walkable to Palomino Coffee, Sahara Lounge, Country Boyz Fixins, Givens Park and the mixed use Springdale General. Coming soon to the area is an 870,000 sq ft mixed use office space called Springdale Green. Learn more about that here: https://springdalegreen.com/

Investor Tools

Property Icon
$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,534
$417,863
2025
$83,250
$334,613
$417,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,534
$417,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Elite Financing Group Llc
Conventional
$484,000
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,394
N/A
0%
106%
$2,902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,902/mo
$-1,276/mo
4.6%

Learn About the Market: Opportunity in Austin

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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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1150 Mason Ave B | Property Details | No Agent List