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$404,000

NAL Estimated Property Value

1308 Southport DR, Austin, TX, 78704

Off MarketInfo
Baths0 Bath
Baths3,956 Sq Ft
QuadruplexQuadruplex
price_per_sqft$96.06 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size2,396 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070726020000
Lot NumberA
Subdivision1308 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT A 1308 SOUTHPORT DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$93,750
Assessed Improvement Value$146,774
Assessment Year2025

Investor Tools

Property Icon
$404,000
Estimated Property Value
$225,697Estimated Mortgage Balance
$178,303Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,421
$109,807
2025
$93,750
$146,774
$240,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,421
$109,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$252,000
No
First
Dec 10, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,697
$178,303
44%
56%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,511/mo
+$409/mo
5.7%

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.

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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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1308 Southport DR | Property Details | No Agent List