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$460,000

2020 S Congress Ave Apt 2205, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths928 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$301.72 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,350 sqft

Building Information

Year Built1964
Stories1

Land Information

APN04020120890000
Lot Number2205
Subdivision2020 Congress Condominiums Amended
Land UseResidential
Legal DescriptionUNT 2205 2020 CONGRESS CONDOMINIUMS AMENDED PLUS 1.62 % INT IN COM AREA
Census Tract001312
Assessed Land Value$2,432
Assessed Improvement Value$362,092
Assessment Year2025

About this property

Steps away from the famous sidewalks of South Congress and just one mile to downtown, this two bedroom condo offers the best of Austin right outside your front door. Walk or bike to the city premiere shopping, dining, and entertainment, or take advantage of the proximity to incredible outdoor spaces like Lady Bird Lake, Bouldin and Blunn Creek Greenbelts, or Stacy Pool. Spacious floor plan featuring hardwood floors, recent interior paint & kitchen that opens to living space. Tons of storage in kitchen, breakfast bar & built in microwave. Great sized bedrooms that share a bathroom w/ dual vanities, modern shower & bidet. Extra storage w/ oversized hall closet & W/D connections in unit. Situated towards the back of the community near the courtyard for more privacy. Amenities include pool, fitness center, dog park, picnic tables, BBQ & multiple on site laundry facilities. Unit comes with one covered parking spot in garage. One of the few ATX condos that is FHA certified.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$165,000Estimated Mortgage Balance
$301,445Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$356/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,857
$364,524
2025
$2,432
$362,092
$364,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,857
$364,524

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$165,000
No
First
Mar 6, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,555
$301,445
65%
34%
$990/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.

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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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