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$385,000

NAL Estimated Property Value

1308 SOUTHPORT DR C, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths967 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$261.12 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Range, Dishwasher, Microwave
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size2,396 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070726040000
Lot NumberC
Subdivision1308 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT C 1308 SOUTHPORT DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$93,750
Assessed Improvement Value$167,831
Assessment Year2025

About this property

Turnkey remodeled condo in 78704. Minutes from downtown.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$319,677Estimated Mortgage Balance
$65,323Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,269
$261,581
2025
$93,750
$167,831
$261,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,269
$261,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$351,402
No
First
Jul 7, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,677
$65,323
16%
83%
$2,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,242/mo
$-322/mo
6.0%

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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1308 SOUTHPORT DR C | Property Details | No Agent List