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$449,900

1206 Luna St Bldg 2, Austin, TX, 78721

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$492.23 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan
FlooringTile, Wood, See Remarks

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard
Lot Size3,250 sqft

Building Information

Year Built2022
Stories2
Garage Spaces1

Land Information

APN02111848030000
Subdivision1206 Luna Condominiums
Land UseCondo
Legal Description1206 LUNA CONDOMINIUMS UNT 2 PLUS 50.0000 % INT IN COM AREA
Census Tract002109
Assessed Land Value$125,000
Assessed Improvement Value$392,604
Assessment Year2025

About this property

Experience modern living in East Austin with this stylish 2-bedroom, 2.5-bathroom home designed for both comfort and entertaining. The open-concept living space is highlighted by large sliding glass doors that seamlessly connect the indoors to the outdoors, creating a true indoor-outdoor lifestyle perfect for hosting or relaxing. Designed with clean lines and contemporary finishes, this home offers a functional layout with spacious bedrooms and a convenient half bath for guests. The outdoor space is low-maintenance, allowing for easy upkeep while still providing plenty of privacy—an ideal combination for busy lifestyles. Enjoy the added benefit of being within walking distance to local coffee shops, Givens Park, and nearby pickleball courts—perfect for an active and connected lifestyle. Located in one of Austin’s most vibrant neighborhoods, you’ll enjoy close proximity to dining, shopping, and entertainment, all while having a modern retreat to call home.

Investor Tools

Property Icon
$517,604
Estimated Property Value
$305,000Estimated Mortgage Balance
$226,930Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,106 /month
Positive
Cash Flow Estimate:
$1,035 /month

Interested in this property?

Dillon Meek

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,664
$517,604
2025
$125,000
$392,604
$517,604
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,664
$517,604

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hsbc Bank Usa
Conventional
$305,000
No
First
Oct 3, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,674
$226,930
43%
56%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,829/mo
$-203/mo
3.8%

Learn About the Market: Opportunity in Austin

Local Market Pages
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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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1206 Luna St Bldg 2 | Property Details | No Agent List