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$350,000

NAL Estimated Property Value

1604 Morgan LN unit A, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,160 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$258.19 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave
FlooringConcrete, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size4,086 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04060913020000
Lot NumberA
Subdivision1604 Morgan Lane Condominiums
Land UseResidential
Legal DescriptionUNT A 1604 MORGAN LANE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$157,500
Assessed Improvement Value$187,737
Assessment Year2025

About this property

Beautiful condo w/ Home Performance, Energy Star certification, high efficiency HVAC, new roof, and large/open kitchen. Porch built around old growth oak. Can always put a fence to split the yard, but right now it's open to both sides, but porch is separated. This property is a gem; great investment due to location and discounted rate! Buy both A and B- live in one and rent the other or airbnb it. B is also for sale and vacant at the moment. Inquire for more info.FEMA - Unknown

Investor Tools

Property Icon
$350,000
Estimated Property Value
$258,361Estimated Mortgage Balance
$91,639Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,705
$345,237
2025
$157,500
$187,737
$345,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,705
$345,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Va
$292,000
Yes
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,361
$91,639
26%
74%
$1,751/mo

Learn About the Market: Opportunity in Austin

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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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1604 Morgan LN unit A | Property Details | No Agent List