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$435,000

1215 Fort Branch BLVD 2, Austin, TX, 78721

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,090 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$399.08 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Stainless Steel Appliances, Tankless Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesSee Remarks
Lot Size9,056 sqft

Building Information

Year Built2024
Stories2
Garage Spaces1

Land Information

APN02082102210000
Lot Number24
SubdivisionLincoln Gardens No 1
Land UseResidential
Legal DescriptionLOT 24 BLK 2 LINCOLN GARDENS NO 1
Census Tract002110
Assessed Land Value$252,105
Assessment Year2025

About this property

Welcome to 1215 Fort Branch Blvd #2, a brand-new build in one of East Austin's most sought-after pockets. This 2-bedroom, 2-bathroom home spans 1,090 square feet of smartly designed living space, featuring clean architectural lines, abundant natural light, and premium finishes selected with an eye for both style and durability. The open-concept layout flows effortlessly from kitchen to living area, ideal for everyday living or entertaining. A private, fenced yard offers a rare slice of outdoor space in the city, perfect for pets, morning coffee, or weekend gatherings, all secured behind a gated entry. Tucked in the East MLK neighborhood, you're minutes from the Mueller District, Boggy Creek Greenbelt, and a growing lineup of local restaurants and coffee shops, with easy access to downtown Austin. No HOA restrictions and no short-term rental limitations mean this home fits homeowners and investors alike. New construction, unbeatable location, and room to make it your own, 1215 Fort Branch #2 is East Austin living done right.

Investor Tools

$1,574,311Estimated 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
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Cody Julian

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,905
$252,105
2025
$252,105
N/A
$252,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,905
$252,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Unknown
$1,385,585
No
First
Aug 15, 2025
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,574,311
N/A
0%
383%
$9,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$9,598/mo
$-7,510/mo
6.1%

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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