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$269,000

NAL Estimated Property Value

1800 Lavaca ST A508, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths857 Sq Ft
price_per_sqft$344.22 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Water Heater, Free Standing Gas Range, Disposal, Microwave, Stainless Steel Appliances
FlooringLaminate

Exterior

Exterior FeaturesNone
Lot Size379 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN02100224110065
Lot Number216
SubdivisionGreenwood Towers Amended
Land UseCondominiums
Legal DescriptionUNT 508 BLD A GREENWOOD TOWERS AMENDED PLUS 1.10% INTEREST IN COMMON AREA
Census Tract000700
Assessed Land Value$189,750
Assessed Improvement Value$70,138
Assessment Year2025

About this property

Welcome to 1800 Lavaca, unit #508 – an exceptional find in the heart of downtown, offering unparalleled value. Adjacent to the University of Texas, this charming unit features modern finishes and spacious, versatile living areas. The clean and bright layout seamlessly connects the living spaces, perfect for everyday living. Whether you're a local young professional, a college student with or without a roommate, or seeking a home away from home, this unit caters to every need. With its prime location, you're just steps away from the vibrant downtown scene and the UT campus, offering both convenience and a lively urban lifestyle. Don't miss this incredible opportunity to own a piece of downtown living at an unbeatable price.

Investor Tools

Property Icon
$269,000
Estimated Property Value
$208,909Estimated Mortgage Balance
$60,091Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
$977/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$259,888
2025
$189,750
$70,138
$259,888
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$259,888

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$216,000
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,909
$60,091
22%
78%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,273/mo
+$167/mo
10.9%

City: Austin

1800 Lavaca ST A508 | Property Details | No Agent List