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$610,000

NAL Estimated Property Value

1213 Cometa ST, Austin, TX, 78721

Off MarketInfo
Baths0 Bath
Baths1,536 Sq Ft
price_per_sqft$142.58 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

High Equity

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesFree-Standing Range, Refrigerator

Exterior

Exterior FeaturesNone
Lot Size4,291 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02101810030000
Lot NumberB
Subdivision1213 Cometa Street Condominiums
Land UseResidential
Legal DescriptionUNT B 1213 COMETA STREET CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002109
Assessed Land Value$137,500
Assessed Improvement Value$434,291
Assessment Year2025

About this property

DO NOT DISTURB TENANTS. Mulltiple strategies possible with this property. Approximately 8550 sq ft, .294 of an acre would be perfect for condo regime to maximize your investment. Excellent opportunity. This property is surrounded by remodels and new builds making it a perfect investment property to get in while still affordable.Restrictions: Yes

Investor Tools

Property Icon
$610,000
Estimated Property Value
$439,440Estimated Mortgage Balance
$170,560Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,660 /month
Positive
Cash Flow Estimate:
$1,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,793
$571,791
2025
$137,500
$434,291
$571,791
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,793
$571,791

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$475,000
No
First
May 23, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,440
$170,560
27%
72%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,848/mo
$-432/mo
4.8%

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.

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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1213 Cometa ST | Property Details | No Agent List