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$2,000,000

2005 E 8th St Bldg 1, Austin, TX, 78702

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,027 Sq Ft
price_per_sqft$660.72 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Must-Sell

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Refrigerator, Dishwasher, Free Standing Gas Range, Disposal, Gas Oven, Microwave, Range Hood, Stainless Steel Appliances
FlooringCarpet Free, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue, Gas Grill, Outdoor Grill, Private Entrance, Private Yard
Lot Size4,291 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN0205082802
Subdivision2005 East 8th Condominiums
Land UseCondo
Legal Description2005 EAST 8TH CONDOMINIUMS UNT 1 PLUS 74 % INT IN COM AREA
Census Tract000901
Assessed Land Value$277,500
Assessed Improvement Value$1,133,967
Assessment Year2025

About this property

East Austin doesn’t do “boring,” and neither does this place. Newer construction (built in 2024), this home puts you right in the heart of one of Austin’s most buzzed-about neighborhoods, with a setup that feels equal parts stylish and livable. The layout is open, bright, and built for hosting, with the main living area flowing seamlessly to multiple outdoor spaces so the party can spill outside without any effort. The kitchen is the real deal with high-end appliances and a clean, modern look that still feels warm enough for everyday life. And then there are the patios… four expansive outdoor decks that give you options for everything from slow mornings to late-night hangs, with downtown views and sunsets stealing the show. Out back, it’s giving boutique-hotel vibes: a resort-style saltwater pool, outdoor kitchen, a spacious covered patio, and low-maintenance turf so you get the fun without the weekend yard work. Inside, you’ve got room to stretch out with 4 bedrooms, 3 full bathrooms, 2 half bathrooms, two separate living areas, and a dedicated home office that makes working from home feel legit. The location nails it! You’re a quick 5-minute walk to the bars, restaurants, and coffee spots on East 6th, about a mile from Downtown and Lady Bird Lake, and roughly 6 miles to the airport. Plus, you’re near Houston-Tillotson University and minutes from UT, so you’re surrounded by the culture, history, and momentum that keep East Austin feeling alive. This one’s the best of both worlds: right in the mix when you want it, private oasis when you don’t. Buyer to verify all info.

Investor Tools

$1,461,854Estimated Mortgage Balance
$768,489Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,368 /month
Positive
Cash Flow Estimate:
$4,456 /month

Interested in this property?

Jonny Wells

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,646/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,411,467
2025
$277,500
$1,133,967
$1,411,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,411,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Commercial
$1,511,479
No
First
Jun 3, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,461,854
$178,146
10%
66%
$9,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$9,113/mo
$-7,025/mo
1.1%

City: Austin

2005 E 8th St Bldg 1 | Property Details | No Agent List