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$466,000

NAL Estimated Property Value

1505 Bridgeway DR 2(B), Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,201 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$290.59 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Free-Standing Range, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size4,434 sqft

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN04030712250000
Lot Number2
SubdivisionBridgeway Villas Condominiums Revised 19
Land UseResidential
Legal DescriptionUNT 2 BLD L BRIDGEWAY VILLAS CONDOMINIUMSREVISED 1998 PLUS 4.13% INTEREST IN COMMON AREA
Census Tract001304
Assessed Land Value$665
Assessed Improvement Value$388,702
Assessment Year2025

About this property

This South Austin GEM is ready for it's new owner to make it shine! See video tour link! This is an amazing investment opportunity to enter into a very unique property in the heart of the best things Austin has to offer. Sitting at the end of a dead end col-de-sac, tucked back away from the hustle of the city, features beautiful vaulted ceilings, a skylight, loft, fireplace, huge master bedroom with a 2nd story view out the front, and a beautiful community pool. Downstairs, you'll find a generous backyard with more storage ready for your backyard cookouts, entertaining, and nearly endless possibilities to make the space your own. Investor special! This will not last long, don't miss the opportunity to get this one!

Investor Tools

Property Icon
$466,000
Estimated Property Value
$341,075Estimated Mortgage Balance
$124,925Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,049
$389,367
2025
$665
$388,702
$389,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,049
$389,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$373,500
No
First
Sep 22, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,075
$124,925
26%
73%
$2,240/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1505 Bridgeway DR 2(B) | Property Details | No Agent List