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Days396Days on Market
Views1view

$699,000

2111 Prather Ln # 1, Austin, TX, 78704

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,452 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$481.4 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Free-Standing Gas Range, Refrigerator, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size3,990 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04061207020000
SubdivisionGreystone At Prather Condominiums
Land UseResidential
Legal DescriptionGREYSTONE AT PRATHER CONDOMINIUMS UNT 1 20%INT IN COMMON AREA
Census Tract002004
Assessed Land Value$97,500
Assessed Improvement Value$524,333
Assessment Year2025

About this property

New construction in the heart of the 04- ready for that lock-and-leave lifestyle. These 5 condo units are located just steps away from South Lamar and some of Austin's most iconic restaurants and bars. Each condo is a stand-alone unit with a fence in backyard and small patio. The large-scale windows bring abundant light throughout the home on both floors. In the gourmet kitchen, there are stainless steal appliances and plenty of countertop space. Upstairs, both bedrooms feature soaring ceilings and ensuite bathrooms with the primary bedroom boasting a private walkout patio that is big enough for enjoying your morning coffee on the couch and still has plenty of space for potted plants. In the spa-style bathroom, there is a jetted tub, walk in shower, double vanity with quartz countertops, and walk in closet.

Investor Tools

$0Estimated Mortgage Balance
$690,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

Interested in this property?

Lynn Johnson Antoniono

Uptown Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,061/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,282
$621,833
2025
$97,500
$524,333
$621,833
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,282
$621,833

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$744,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$150/mo
+$1,770/mo
3.3%

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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2111 Prather Ln # 1 | Property Details | No Agent List