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$605,000

NAL Estimated Property Value

1606 Morgan LN B, Austin, TX, 78704

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,663 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.1 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
HeatingHeating
CoolingCooling
AppliancesOven, Built-In Electric Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Free-Standing Range, Free-Standing Refrigerator
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Private Yard
Lot Size4,099 sqft

Building Information

Year Built2005
Stories2

Land Information

APN04060907030000
Lot NumberB
SubdivisionMorgan Street Condominiums Amended The
Land UseResidential
Legal DescriptionUNT B MORGAN STREET CONDOMINIUMS AMENDED THE PLUS 50.0 % INT IN COM AREA
Census Tract002006
Assessed Land Value$157,500
Assessed Improvement Value$427,650
Assessment Year2025

About this property

Get ready to fall in love with this fabulous two-story home, cleverly classified as a condo but offering all the perks of separate single-family living! Step inside, and you’ll be greeted by a bright open floor plan filled with natural light, creating an inviting vibe that feels just like home. Picture game nights, cozy gatherings, or just relaxing with a good book! The half bath downstairs is perfect for guests, and the private backyard is perfect for entertaining. It’s your new go-to spot for summer barbecues and starlit evenings. Upstairs, you'll find three cozy bedrooms, each uniquely designed for comfort. Two full-sized rooms come with their own private bathrooms, and the third—ideal for a home office, nursery, or guest room—offers versatility and creativity to suit your needs. Located in one of Austin’s most desirable areas, you're just minutes away from trendy shops, delicious dining spots, and vibrant nightlife. Explore the local parks, take a stroll along South Congress, or dive into the lively art scene—there’s never a dull moment! Don't miss the chance to lock it and leave it while still enjoying all the fun and excitement this amazing location has to offer. Invest in your future and experience the good vibes waiting for you at Morgan Lane!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,068/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,787
$585,150
2025
$157,500
$427,650
$585,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,787
$585,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$470,000
No
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$434,020
$170,980
28%
72%
$2,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,818/mo
$-898/mo
3.8%

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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1606 Morgan LN B | Property Details | No Agent List