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$274,121

1514 Parker LN 205, Austin, TX, 78741

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths776 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$251.29 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size2,095 sqft

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN03030503610011
Lot Number210
SubdivisionParker Square Condominiums
Land UseCondominiums
Legal DescriptionUNT 205 BLD B PARKER SQUARE CONDOMINIUMS PLUS 5.005%INT IN COMMON AREA
Census Tract001403
Assessed Land Value$104,782
Assessed Improvement Value$169,339
Assessment Year2025

About this property

Million Dollar Views from this upbeat condo on Austin's East side! Enjoy downtown views from the master, balcony and huge loft. Lush landscaping surrounds this serene, private condo complex just minutes from DT, St. Ed's, UT and major employers. Watch the sunset over DT from the private balcony. Walk to Lady Bird Lake! Condo has been updated with modern colors and fixtures. Natural light fills each room and vaulted ceilings enlarge the space.New HVAC system! Hurry...come see this one before it is gone!Restrictions: Yes

Investor Tools

Property Icon
$274,121
Estimated Property Value
$0Estimated Mortgage Balance
$79,734Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,645 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,950
$274,121
2025
$104,782
$169,339
$274,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,950
$274,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$214,500
No
First
May 14, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,387
$79,734
29%
71%
$1,287/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,386/mo
$1,287/mo
+$99/mo
6.1%

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.

Explore Texas Explore This Area
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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1514 Parker LN 205 | Property Details | No Agent List