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$403,000

NAL Estimated Property Value

1311 Southport DR C, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths989 Sq Ft
price_per_sqft$255.31 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size1,960 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070727040000
Lot NumberC
Subdivision1311 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT C 1311 SOUTHPORT DRIVE CONDOMINIUMS PLUS 25.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$93,750
Assessed Improvement Value$149,803
Assessment Year2025

About this property

Open floor plan w custom cabinetry, SS appliances & quartz countertops. Laundry located on the second floor. Close to restaurants & entertainment. Private fenced mini yard & 2 parking spots w every unit. More units in the community coming up & prices will go up as the revitalization continues. Other units come w different finishes. Contact agent for availability. Seller will pay Title if buyer uses preferred lender. Info provided by seller & to be independently verified by purchaser. Video tour available.Restrictions: Yes

Investor Tools

Property Icon
$403,000
Estimated Property Value
$229,488Estimated Mortgage Balance
$173,512Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,503
$243,553
2025
$93,750
$149,803
$243,553
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,503
$243,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$258,307
Yes
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,488
$173,512
43%
57%
$1,549/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,724/mo
+$196/mo
5.7%

City: Austin

1311 Southport DR C | Property Details | No Agent List