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$599,950

1701 E Martin Luther King Jr Blvd Unit 204, Austin, TX, 78702

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,302 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$460.79 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesGas Cooktop, Dishwasher, ENERGY STAR Qualified Appliances, Stainless Steel Appliance(s)
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,433 sqft

Building Information

Year Built2019
Stories2
Garage Spaces1

Land Information

APN02090962150000
Lot Number204
SubdivisionSol-Mlk Condominiums
Land UseResidential
Legal DescriptionUNT 204 SOL-MLK CONDOMINIUMS PLUS 5.763 % INT IN COM AREA
Census Tract000803
Assessed Land Value$1,002
Assessed Improvement Value$562,270
Assessment Year2025

About this property

You do not want to miss this one! Opportunities to own in this sought-after MLK building are exceptionally rare, as condos here seldom come to market. This spacious 2-bedroom, 1.5-bath residence offers approximately 1,300 square feet of modern living space, complete with a private rear balcony and thoughtfully designed energy-efficient features, including a high-performance building envelope, high-efficiency windows, mini-split HVAC system, tankless water heater, and ENERGY STAR® appliances. Residents enjoy convenient amenities such as three ground-level grab-and-go eateries, a shared xeriscape central courtyard, and a podium-level community deck. The home also includes one reserved covered garage parking space. Best of all, this unit is STR friendly. Ideally situated along E. Martin Luther King Jr. Blvd.—one of Austin’s primary east-west corridors—this prime location provides easy access to the UT campus, Dell Medical Center, the Texas Capitol, and Austin’s Central Business District, placing the best of the city just minutes away.

Investor Tools

Property Icon
$567,000
Estimated Property Value
$521,550Estimated Mortgage Balance
$98,959Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Devora Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,153
$435,413
2025
$1,002
$562,270
$563,272
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,153
$435,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$521,550
No
First
Mar 22, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,812
$85,188
15%
83%
$3,127/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.

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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