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$1,247,000

2207 Rundell PL 1, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$432.29 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, ENERGY STAR Qualified Appliances, Refrigerator
FlooringMarble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size4,195 sqft

Building Information

Year Built2018
Stories3
Roof Type105
Garage Spaces1

Land Information

APN01020722020000
Lot Number1
Subdivision2207 Rundell Place Condominiums
Land UseResidential
Legal DescriptionUNT 1 2207 RUNDELL PLACE CONDOMINIUMS PLUS 52.0 % INT IN COM AREA
Census Tract001304
Assessed Land Value$343,200
Assessed Improvement Value$894,318
Assessment Year2025

About this property

This is a great opportunity with the ability to purchase as one property or two. Buy both properties, and your client can make one their new home, and the other an extra-income rental. Or, since both units feature all the modern amenities GAB is known for as stand-alone homes, your clients are able to choose the unit that's right for them! Exceptional schools, walking distance to south Lamar restaurants, and close to downtown.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,247,000
Estimated Property Value
$0Estimated Mortgage Balance
$443,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,482 /month
Positive
Cash Flow Estimate:
$2,494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,402/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,591
$1,237,518
2025
$343,200
$894,318
$1,237,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,591
$1,237,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$487,400
No
First
Aug 17, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$803,750
$443,250
35%
64%
$5,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$5,407/mo
$-2,937/mo
2.4%

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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