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$733,346

2201 E 51st St, Austin, TX, 78723

Off MarketInfo
Baths2 Bath
Baths1,900 Sq Ft
DuplexDuplex
price_per_sqft$236.84 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,479 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02181905030000
Lot Number1A
SubdivisionManor Hills Sec 8
Land UseResidential
Legal DescriptionLOT 1A RESUB OF LOT 62 MANOR HILLS SEC 8
Census Tract000308
Assessed Land Value$253,494
Assessed Improvement Value$479,852
Assessment Year2025

About this property

Offer deadline: 8/26 by 6pm. If you don't need to see Unit B, go show anytime! DO NOT SHOW UNIT B W/OUT APPT. Property is a DUPLEX + STUDIO. Seller did not pull permit when he built studio. Sold as-is. COLLECT 3 INCOMES: potential of $4,000 EVERY MONTH! NEW roof (06/2020), NEW cedar fence, NEW HVAC, NEW water heater, + upgrades throughout! Unit B lease ends 9/30. Unit A & Studio: ready to be leased! Unit A: complete gut remodel. See documents for a list of renovations & condition of units.

Investor Tools

Property Icon
$733,346
Estimated Property Value
$403,082Estimated Mortgage Balance
$373,782Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,400 /month
Positive
Cash Flow Estimate:
$1,467 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,230
$733,346
2025
$253,494
$479,852
$733,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,230
$733,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$403,082
Yes
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,564
$373,782
50%
49%
$2,417/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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2201 E 51st St | Property Details | No Agent List