$399,000
NAL Estimated Property Value1308 Southport DR D, Austin, TX, 78704
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
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
$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
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%
