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$403,000

NAL Estimated Property Value

1307 Southport DR C, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths989 Sq Ft
price_per_sqft$252.78 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size2,614 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070725040000
Lot NumberC
Subdivision1307 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT C 1307 SOUTHPORT DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$93,750
Assessed Improvement Value$173,276
Assessment Year2025

About this property

Beautifully renovated two-bedroom condo in 78704. Only minutes to downtown! Open floorplan with lots of natural lighting. Kitchen offers custom cabinets, stainless steel appliances, quartz countertops & backsplash. Close to restaurants, bars, & entertainment districts. Private fenced mini-yard & two parking spots with every unit. Sellers have more units in the community coming up with different finishes. Prices will go up as the revitalization continues. Contact agent now to view all available selections.Restrictions: Yes

Investor Tools

Property Icon
$403,000
Estimated Property Value
$208,835Estimated Mortgage Balance
$194,165Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,356
$267,026
2025
$93,750
$173,276
$267,026
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,356
$267,026

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$237,500
No
First
Mar 18, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,835
$194,165
48%
52%
$1,424/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,599/mo
+$321/mo
5.7%

City: Austin

1307 Southport DR C | Property Details | No Agent List