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$399,000

NAL Estimated Property Value

1311 Southport DR B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths924 Sq Ft
price_per_sqft$405.84 / 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
AppliancesDishwasher, Exhaust Fan, Free Standing Range, Disposal, Gas Range, Gas Water Heater, Microwave, Stainless Steel Appliances
FlooringCarpet, Laminate

Exterior

Exterior FeaturesPrivate Yard
Lot Size1,960 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070727030000
Lot NumberB
Subdivision1311 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT B 1311 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

Rare find in 78704. This beautifully renovated, two story, 2/1.5 condo, with private yard is only minutes to downtown! Open floor plan with custom cabinetry, stainless steel appliances, gas range, quartz countertops and full size washer and dryer hookups. Close to restaurants, bars, & entertainment. Private fenced mini yard & 2 parking spots. Water included with HOA. Info provided by seller & to be independently verified by purchaser

Investor Tools

Property Icon
$399,000
Estimated Property Value
$335,793Estimated Mortgage Balance
$63,207Estimated Equity
15% 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
$522/month
$175/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
University Fcu
Conventional
$361,000
No
First
Jul 19, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,793
$63,207
15%
84%
$2,165/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,340/mo
$-420/mo
5.8%

City: Austin

1311 Southport DR B | Property Details | No Agent List