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$374,000

NAL Estimated Property Value

1206 Delano ST 2, Austin, TX, 78721

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$600 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2,927 sqft

Building Information

Year Built2023
Stories2

Land Information

APN02092306030000
Subdivision1206 Delano Street Site Condominiums
Land UseCondo
Legal Description1206 DELANO STREET SITE CONDOMINIUMS UNT 2 PLUS 50.0000 % INT IN COM AREA
Census Tract002110
Assessed Land Value$112,500
Assessed Improvement Value$238,277
Assessment Year2025

About this property

Brand new construction from Carr Residential. Backed by 1-2-10 Warranty. 2 bed 2.5 bath with oversized screened in porch off the living room feels bigger than square footage. Features include beautiful hardwood floors throughout, quartz countertops, and a Whirlpool stainless steel appliance package. Spray foam insulation, tankless hot water, Electric vehicle charger in carport. Easy access to 183, minutes to Springdale Greens, Tesla, and everything East Austin has to offer. Multiple new homes available on the street *Site Condo - No HOA dues*

Investor Tools

Property Icon
$374,000
Estimated Property Value
$435,280Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,062
$350,777
2025
$112,500
$238,277
$350,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,062
$350,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Lending Llc
Conventional
$457,500
No
First
Aug 28, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$435,280
N/A
0%
116%
$2,743/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,743/mo
$-1,117/mo
5.2%

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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1206 Delano ST 2 | Property Details | No Agent List