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B+
NoAgentList RatingHow are grades calculated? Info
Days89Days on Market
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$325,000

1201 Southport DR D, Austin, TX, 78704

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths861 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$377.47 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Microwave, Gas Oven, Refrigerator, Stainless Steel Appliance(s), Washer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size2,405 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN0408070105
Subdivision1201 Southport Condominiums
Land UseTownhomes
Legal Description1201 SOUTHPORT CONDOMINIUMS UNT D PLUS 30 % INT IN COM AREA
Census Tract002006
Assessed Land Value$106,312
Assessed Improvement Value$174,691
Assessment Year2025

About this property

**Low down seller financing options available** Welcome to The Residences at Southport, a collection of new condos designed with clean lines, practical and consistent layouts, and finishes that make everyday living easy. These homes offer low maintenance living in one of South Austin’s most desirable areas without unnecessary upkeep or complexity. All four units feature the same thoughtfully designed floor plan. Two showcase a blue design palette, and two offer a green design. See the website for full details. Each unit includes brand new cabinets, a full set of new kitchen appliances, a new washer and dryer, updated light fixtures, and durable LVP flooring throughout. Units offer either a private yard or access to a shared yard, providing usable outdoor space depending on the unit. This is a great opportunity to own a high quality home at an accessible price point in a central South Austin location. Located in 78704, you’ll be just minutes from some of South Austin’s most popular spots. Grab coffee at Radio or Cosmic, meet friends at Pinthouse Pizza, or enjoy live music at the iconic Broken Spoke. Nearby staples like Matt’s El Rancho, St. Edward’s University, and St. David’s South Austin Hospital add to the area’s convenience. Furniture is negotiable, allowing for a smooth and flexible move in experience. Whether you're looking for a primary residence or a low maintenance place to call home, this property offers comfort, value, and a location that can provide a lifestyle you’ll love.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$0Estimated Mortgage Balance
$132,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Blake Carter

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$281,003
2025
$106,312
$174,691
$281,003
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$281,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Easy Street Capital Llc
Open End Mortgage / Open End With Future Advance Clause
$255,750
No
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,010
$132,990
34%
65%
$1,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,744/mo
+$176/mo
6.0%

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.

Explore Texas Explore This Area
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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1201 Southport DR D | Property Details | No Agent List