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$606,000

NAL Estimated Property Value

124 Cumberland RD 102, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,448 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$286.6 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Oven, Free-Standing Gas Oven, Plumbed For Ice Maker
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Entrance
Lot Size1,991 sqft

Building Information

Year Built2013
Stories3
Roof Type112
Garage Spaces2

Land Information

APN04040215030000
Lot Number102
SubdivisionTowns On Cumberland Condominiums
Land UseResidential
Legal DescriptionUNT 102 TOWNS ON CUMBERLAND CONDOMINIUMS PLUS 7.6923 % INT IN COM AREA
Census Tract001308
Assessed Land Value$159,274
Assessed Improvement Value$344,878
Assessment Year2025

About this property

Modern lock & leave condo, immaculately maintained by original owner, ready for its next chapter. Three stories: First floor includes the attached two-car garage and private outdoor space in back (accessed through garage). Front door entry on ground level leads to staircase up to second floor with kitchen, living & dining area, laundry room/pantry, and half-bath. The spacious kitchen with stainless steel appliances features a breakfast bar perfect with 2-3 counter stools, and the bright & airy open floorplan connects the kitchen with living / dining areas. Third floor includes both bedrooms, each with ensuite full bath, + open landing currently used as office nook. Primary suite features double vanity, soaking tub, separate shower, and upgraded "comfort height" toilet. This unit has been recently refreshed with new carpet, new interior paint, freshly cleaned windows, and power-washed exterior. Upgrades include wood flooring on staircases, custom window coverings. This quiet condo community has friendly neighbors and is ideally located between S. Congress Ave. & S. 1st Street and all they have to offer (great shopping, coffee, and food!). Nearby conveniences & attractions: HEB - 0.4 miles, St. Edwards - 0.3 mi., Curra's Grill - 0.6 mi., Summer Moon Coffee - 0.7 mi., Cosmic Coffee - 0.8 mi., Bouldin Creek Cafe - 1 mi., Thai Fresh - 1.3 mi.... I could go on and on! Excellent spot, right in the middle of everything.

Investor Tools

Property Icon
$606,000
Estimated Property Value
$300,929Estimated Mortgage Balance
$305,071Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,636 /month
Positive
Cash Flow Estimate:
$1,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$950/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,370
$504,152
2025
$159,274
$344,878
$504,152
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,370
$504,152

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$336,000
No
First
Dec 1, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,929
$305,071
50%
50%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,290/mo
$-370/mo
3.8%

City: Austin

124 Cumberland RD 102 | Property Details | No Agent List