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$404,000

NAL Estimated Property Value

1311 Southport DR D, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths967 Sq Ft
price_per_sqft$232.68 / 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
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size1,960 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN04070727050000
Lot NumberD
Subdivision1311 Southport Drive Condominiums
Land UseResidential
Legal DescriptionUNT D 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

Now Available! Beautifully renovated 2/1.5 condos, minutes to downtown in 78704!! Close to restaurants, bars, & entertainment. Private fenced mini- yards & 2 parking spots with every unit. Water included in HOA. Sellers have more units in the community coming up and prices will go up as the revitalization of the area continues. Other available units come with different finishes, so contact agent now to view all available selections.Restrictions: Yes

Investor Tools

Property Icon
$404,000
Estimated Property Value
$199,335Estimated Mortgage Balance
$204,665Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$524/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
Better Mortgage Corporation
Conventional
$218,700
No
First
Sep 21, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,335
$204,665
50%
49%
$1,312/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,487/mo
+$433/mo
5.7%

City: Austin

1311 Southport DR D | Property Details | No Agent List