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$192,000

2110 Rio Grande ST 103, Austin, TX, 78705

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths378 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$619.05 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Microwave, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesUncovered Courtyard
Lot Size492 sqft

Building Information

Year Built1981
Stories1
Roof Type104

Land Information

APN02120126040000
Lot Number103
SubdivisionPalmetto Condominiums
Land UseResidential
Legal DescriptionUNT 103 PALMETTO CONDOMINIUMS PLUS 2.311% INTEREST IN COMMON AREA
Census Tract000607
Assessed Land Value$73,805
Assessed Improvement Value$100,324
Assessment Year2025

About this property

This condo has such a great layout - it feels bigger than it is and has been well-maintained. It has its own gated front porch/entry, spacious bedroom, full bath, stacked washer/dryer in its own closet. The kitchen is open to living area through a pass-through bar. Lots of closet space. Perfect for investor or owner occupant (when leases end.) Low HOA fee. Awesome location just a few blocks from campus and close to many businesses/restaurants. This small gated community has a beautifully tiled courtyard. The unit comes with 1 reserved parking space.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$0Estimated Mortgage Balance
$192,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$133/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,491
$174,129
2025
$73,805
$100,324
$174,129
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,491
$174,129

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$133/mo
+$1,567/mo
10.6%

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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2110 Rio Grande ST 103 | Property Details | No Agent List