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$304,725

NAL Estimated Property Value

2122 Hancock DR 120, Austin, TX, 78756

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths935 Sq Ft
price_per_sqft$262.03 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesNone
Lot Size1,686 sqft

Building Information

Year Built1968
Stories2
Roof Type105

Land Information

APN02270305350037
Lot Number113
SubdivisionKenray Condominiums
Land UseCondominiums
Legal DescriptionUNT 120 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

Well-maintained condo with updated kitchen and washer/dryer in unit (rare in this complex). Kitchen is open to the living room and features granite counters, stainless appliances, tile back-splash and a dishwasher. Full bath has also been updated with granite counters. Walk across the street to La Mancha or Billy's on Burnet or a few doors down to the public library. Updated windows. Crown molding. Hardwood floors. Private, fenced courtyard facing the gentle morning sun.Restrictions: Yes

Investor Tools

Property Icon
$304,725
Estimated Property Value
$210,653Estimated Mortgage Balance
$94,072Estimated Equity
30% 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
$696/month
$259/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,823
$304,725
2025
$590
$304,135
$304,725
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,823
$304,725

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$232,900
No
First
Apr 7, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,653
$94,072
30%
69%
$1,397/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,656/mo
+$14/mo
6.6%

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.

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 120 | Property Details | No Agent List