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$974,000

NAL Estimated Property Value

2109 Melridge PL A, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,817 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$352.23 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Refrigerator, Tankless Water Heater, Water Heater
FlooringBamboo, Concrete

Exterior

Exterior FeaturesPrivate Yard
Lot Size4,108 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces1

Land Information

APN01030619040000
Lot Number2109A
SubdivisionMelridge Court Condominiums Amended
Land UseResidential
Legal DescriptionUNT 2109A MELRIDGE COURT CONDOMINIUMS AMENDED PLUS 16.66 % INT IN COM AREA
Census Tract001304
Assessed Land Value$575,037
Assessed Improvement Value$98,873
Assessment Year2025

About this property

Location Location Location. Walk to Zilker Park or some of the many local shops and places to eat in the Zilker neighborhood. This 3 Bedroom 2.5 bath 1/2 duplex condo has a very functional floor plan with a private back yard and 1 full car garage. This home also has tall ceilings, wood floors, high end appliances, a large master suite w/custom closets and is the perfect home plan for entertainment or family living. Sprinkler Sys:Yes

Investor Tools

Property Icon
$974,000
Estimated Property Value
$453,455Estimated Mortgage Balance
$520,545Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,844 /month
Positive
Cash Flow Estimate:
$1,948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,446/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,484
$673,910
2025
$575,037
$98,873
$673,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,484
$673,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$510,400
No
First
Aug 11, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,455
$520,545
53%
47%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$3,286/mo
$-816/mo
3.0%

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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