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$620,136

NAL Estimated Property Value

2111 Prather Ln # 4, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,523 Sq Ft
price_per_sqft$544.91 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size3,990 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04061207050000
SubdivisionGreystone At Prather Condominiums
Land UseResidential
Legal DescriptionGREYSTONE AT PRATHER CONDOMINIUMS UNT 4 20%INT IN COMMON AREA
Census Tract002004
Assessed Land Value$97,500
Assessed Improvement Value$522,636
Assessment Year2025

About this property

Great South Austin Location in highly sought-after 78704 zip code. New Construction, just being completed. Features include 2x6 exterior walls, Anderson Windows and Door Units, Energy Star Designer Appliances. Generous usage of large window walls providing natural light. Bedrooms with high vaulted ceilings. Primary Bedroom has private walk out balcony. Primary Bathroom with jetted tub and large walk in shower. Walk in closets. Hardwood Floors, throughout. Porcelain tile in bathrooms. Designer Kitchen, quartz counter tops, quality cabinets with dovetail drawer construction, full pull out drawers and soft close drawers/doors. Convenient to downtown, airport, parks, entertainment districts and transportation. This is a newly constructed small condominium regime in a great location and quality construction by a 3rd Generation Austin Builder.

Investor Tools

Property Icon
$620,136
Estimated Property Value
$0Estimated Mortgage Balance
$620,136Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,979 /month
Positive
Cash Flow Estimate:
$1,660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,251
$620,136
2025
$97,500
$522,636
$620,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,251
$620,136

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$771,000
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
3.7%

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 # 4 | Property Details | No Agent List