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$675,000

NAL Estimated Property Value

1918 Madison Ave, Austin, TX, 78757

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,532 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$323.11 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Tankless Water Heater
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3,894 sqft

Building Information

Year Built2014
Stories2
Roof Type112
Garage Spaces1

Land Information

APN02360620020000
Lot NumberA
Subdivision1918 Madison Avenue Condominiums
Land UseResidential
Legal DescriptionUNT A 1918 MADISON AVENUE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001504
Assessed Land Value$225,000
Assessed Improvement Value$433,554
Assessment Year2025

About this property

Brand new construction-European Modern Farmhouse-by Thomas Tornbjerg Design and Parkside Homes. Standing-seam metal roof. Storefront windows and sliders and abundant natural light throughout. Custom cedar trim surrounding windows. 8 ft. doors throughout. Quartz counters, custom soft-close cabinets. Lives and feels like a single-family home - corner lot provides for privacy and single-family "feel". Tankless water heater, low-E windows, and foam insulation provide energy efficiency. Open House Saturday 2-4Restrictions: Yes

Investor Tools

Property Icon
$675,000
Estimated Property Value
$578,271Estimated Mortgage Balance
$96,729Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$658,554
2025
$225,000
$433,554
$658,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$658,554

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$596,000
No
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$578,271
$96,729
14%
86%
$3,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$4,524/mo
$-2,436/mo
3.7%

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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