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$164,283

1840 Burton DR 231, Austin, TX, 78741

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths518 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$279.92 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Cooktop, Stainless Steel Appliance(s)
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,403 sqft

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APN03050603730018
Lot Number122
SubdivisionSilverado Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 231 BLD A SILVERADO CONDOMINIUMS AMENDED PLUS .825% INT IN COMMON AREA
Census Tract002315
Assessed Land Value$28,083
Assessed Improvement Value$136,200
Assessment Year2025

About this property

Charming, well maintained condo located on an upstairs, private corner. Fantastic location just minutes to downtown and to public transportation! Laminate flooring throughout, updated kitchen & bathroom featured tile floors. Spiral staircase leads to loft area & master bedrm. Plenty of storage space. Complete w/balcony & W/D connections. Community pool. A can't be beat location in close proximity to tons of dining options, entertainment, nightlife, music, South Congress & hike & bike trail!FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$164,283
Estimated Property Value
$0Estimated Mortgage Balance
$63,563Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$986 /month
Positive
Cash Flow Estimate:
$329 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,356
$164,283
2025
$28,083
$136,200
$164,283
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,356
$164,283

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$113,600
No
First
Jul 13, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,720
$63,563
38%
61%
$682/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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1840 Burton DR 231 | Property Details | No Agent List