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$414,000

1307 Southport DR B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths967 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$336.09 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard
Lot Size2,614 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070725030000
Lot NumberB
Subdivision1307 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT B 1307 SOUTHPORT DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$93,750
Assessed Improvement Value$223,492
Assessment Year2025

About this property

This condo has everything! Complete high quality remodel with custom soft close cabinetry, stunning quartz countertops, updated bathrooms, low maintenance LVP flooring, energy efficient doors/windows, water heater replaced in 2021, and furnace replaced in 2018. This home is truly turn-key, comes FULLY FURNISHED, with all new stainless steel appliances and brand new washer and dryer! Perfect home or investment property, currently rented for $2400 a month and no STR restrictions! Located in the highly coveted 78704 zip code, right off interstate 290 and minutes from Zilker park, hiking trails and downtown. This area has appreciated rapidly and has many catalysts for future appreciation! This naturally well-lit end unit includes a spacious PRIVATE backyard complete with fire pit, patio furniture, soaring Mulberry trees, and xeriscape landscaping! Stay entertained in the retro-chic living room. Cook to your heart's content in the fully loaded kitchen, complete with brand new Samsung/LG microwave, gas stove/oven, refrigerator and dishwasher. Pamper yourself in the spa like bathrooms. Both bedrooms have queen-sized beds and closet space, with the master including a walk-in closet.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$0Estimated Mortgage Balance
$414,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,856
$317,242
2025
$93,750
$223,492
$317,242
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,856
$317,242

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$414,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$175/mo
+$1,745/mo
5.6%

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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