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$481,000

2216 Thornton RD 220, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,272 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$294.81 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesOven, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer, Water Heater
FlooringCarpet, Terrazzo, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3,093 sqft

Building Information

Year Built2004
Stories1

Land Information

APN04010614090000
Lot Number220
SubdivisionCarriage Park Condominiums Amended
Land UseResidential
Legal DescriptionUNT 220 CARRIAGE PARK CONDOMINIUMS AMENDED PLUS 4.54 % INT IN COM AREA
Census Tract001304
Assessed Land Value$278,339
Assessed Improvement Value$123,997
Assessment Year2025

About this property

Updated condo in an intimate gated community w/ POOL, just steps away from eateries, shops and bars. New floors, designer paint, totally move in ready. Light-filled unit with an open floorplan, high ceilings, upgraded finishes and parking. 2 large bedrooms w/ walk-in closets, large family room w/ fireplace + office/sun room. HOA $ covers pool and exterior maintenance, water, trash, sewer, and general liability insurance. MUST SEE! Sprinkler Sys:Yes

Investor Tools

Property Icon
$481,000
Estimated Property Value
$0Estimated Mortgage Balance
$241,666Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$810/month
$418/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,312
$402,336
2025
$278,339
$123,997
$402,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,312
$402,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$268,300
No
First
Oct 20, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,334
$241,666
50%
50%
$1,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,027/mo
$-107/mo
4.8%

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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