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$1,332,234

NAL Estimated Property Value

1508 Bluebonnet LN, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,282 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$407.49 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size5,515 sqft

Building Information

Year Built2016
Stories2
Roof Type112
Garage Spaces2

Land Information

APN01020719020000
Lot NumberA
SubdivisionGreystone At Bluebonnet & Ashby Condomin
Land UseResidential
Legal DescriptionUNT A GREYSTONE AT BLUEBONNET & ASHBY CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001304
Assessed Land Value$390,000
Assessed Improvement Value$942,234
Assessment Year2025

About this property

Heart of Zilker Neighborhood, NEW; 2282 sf, 3 BR, 3.5 Baths, 1st Floor Features Open Living Room with Fireplace, Breakfast Bar and Dining Room. Lots of windows and natural light! Kitchen; Full Viking appliance package, Maple cabinets. Master 1st Floor Master Down, with deep Ariel whirlpool tub, walk in shower; 2nd Floor; 2 BR with 2 Full baths and upstairs Living Room. Home features large fenced yard, fully landscaped with sprinklers. Security system, wi-fi Thermostats. 3rd Generation Austin BuilderRestrictions: Unknown

Investor Tools

Property Icon
$1,332,234
Estimated Property Value
$683,197Estimated Mortgage Balance
$649,037Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,993 /month
Positive
Cash Flow Estimate:
$2,664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,634
$1,332,234
2025
$390,000
$942,234
$1,332,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,634
$1,332,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$759,800
No
First
Jan 29, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$683,197
$649,037
48%
51%
$4,556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$4,556/mo
$-2,086/mo
2.2%

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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1508 Bluebonnet LN | Property Details | No Agent List