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$399,000

NAL Estimated Property Value

1308 Southport DR D, 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
AppliancesElectric Cooktop, Dishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size2,396 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070726050000
Lot NumberD
Subdivision1308 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT D 1308 SOUTHPORT DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$93,750
Assessed Improvement Value$215,785
Assessment Year2025

About this property

Beautifully renovated 2bed/1.5bath condo in desirable 78704 location featuring hardwood flooring, modern lighting and privately fenced in mini yards with patios perfect for peaceful dining or private entertaining. Fresh white kitchen accented by the elegance of white herringbone tile backsplash as well as white & dark blue cabinetry. For a night out, condo minutes to downtown ATX, restaurants, bars & entertainment. Contact agent for info on units coming soon to market with possibility of design options.Restrictions: Yes

Investor Tools

Property Icon
$399,000
Estimated Property Value
$332,798Estimated Mortgage Balance
$66,202Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,120
$309,535
2025
$93,750
$215,785
$309,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,120
$309,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$363,750
No
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,798
$66,202
16%
83%
$2,181/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,316/mo
$-396/mo
5.8%

City: Austin

1308 Southport DR D | Property Details | No Agent List