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$633,000

NAL Estimated Property Value

2203 E 51st St # A, Austin, TX, 78723

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,605 Sq Ft
price_per_sqft$398.13 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Free Standing Range, Disposal, Gas Range, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater
FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size3,681 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02191802020000
Lot NumberA
Subdivision2203 East 51st Condominiums
Land UseResidential
Legal DescriptionUNT A 2203 EAST 51ST CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract000308
Assessed Land Value$125,000
Assessed Improvement Value$445,562
Assessment Year2025

About this property

Free 1-year temporary interest rate buy down offered through preferred lender! Featured on HGTV, this extraordinary residence has been freshly painted throughout and crowned with a brand-new roof. The home includes a climate-controlled shipping container space—perfect for a studio, office, or third bedroom. Looking for additional rental income? Ask about opportunities for purchasing Unit B as well. Ideally positioned between Mueller and Windsor Park, you'll enjoy premier shopping, acclaimed restaurants, the finest HEB in Austin, parks, trails, and easy access to downtown, I-35, and the 183 Toll. The chef's kitchen dazzles with quartz countertops, sophisticated black cabinetry with gold hardware, designer tile backsplash, custom pipe shelving, and professional-grade stainless appliances. The luxurious owner's suite features private balcony access and a spa-inspired ensuite with an oversized dual vanity, gold fixtures, brick flooring, and a frameless glass walk-in shower. A second bedroom upstairs includes its own ensuite bath, ideal for guests. The entertainer's backyard offers lush lawn space and contemporary hardscaping—your perfect outdoor oasis. This is more than a home; it's a lifestyle.

Investor Tools

Property Icon
$633,000
Estimated Property Value
$570,605Estimated Mortgage Balance
$62,395Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,834 /month
Positive
Cash Flow Estimate:
$1,278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$958/month
$131/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$570,562
2025
$125,000
$445,562
$570,562
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$570,562

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$611,250
No
First
Oct 11, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,605
$62,395
9%
90%
$3,665/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,796/mo
$-1,708/mo
4.0%

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.

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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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