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$304,725

2122 Hancock DR 116, Austin, TX, 78756

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths935 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$278.07 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Free-Standing Electric Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1,686 sqft

Building Information

Year Built1968
Stories2
Roof Type105

Land Information

APN02270305350035
Lot Number206
SubdivisionKenray Condominiums
Land UseCondominiums
Legal DescriptionUNT 116 BLD D KENRAY CONDOMINIUMS PLUS 3.435% INT IN COMMON AREA
Census Tract000206
Assessed Land Value$590
Assessed Improvement Value$304,135
Assessment Year2025

About this property

LOCATION LOCATION LOCATION! Unbeatable price in the heart of 78756! Lovely two bedroom one and a half bath condo located near the corner of Hancock Dr. and Burnet Rd. Large living area with hard wood flooring. Recent roof and black top resurfacing. Low HOA dues. Bright kitchen with pantry. First floor entry with private patio. If you are looking for value in an eclectic old Austin neighborhood with great proximity to restaurants, shopping, and nightlife, then this is the spot for you!

Investor Tools

Property Icon
$304,725
Estimated Property Value
$0Estimated Mortgage Balance
$62,278Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,828 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
$259/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,712
$304,725
2025
$590
$304,135
$304,725
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,712
$304,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$266,000
No
First
Aug 12, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,447
$62,278
20%
80%
$1,595/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.

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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2122 Hancock DR 116 | Property Details | No Agent List