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$448,000

2216 Thornton Rd Apt 421, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,197 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.34 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Refrigerator, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Lighting, Outdoor Grill
Lot Size3,093 sqft

Building Information

Year Built2004
Stories1

Land Information

APN04010614200000
Lot Number421
SubdivisionCarriage Park Condominiums Amended
Land UseResidential
Legal DescriptionUNT 421 CARRIAGE PARK CONDOMINIUMS AMENDED PLUS 4.54 % INT IN COM AREA
Census Tract001304
Assessed Land Value$278,339
Assessed Improvement Value$116,330
Assessment Year2025

About this property

EXTRA LARGE CONDO! Prime location in 78704! Desirable gated community with lush trees, pristine landscaping with views to the private, tranquil community pool. This large condo is bigger than the normal one bedroom at about 1200 square feet featuring a huge bonus room/ sunroom that can be used for an office and another living or dining area with three large windows and high end custom roller shades that open and close with the remote, gorgeous designer touches, high ceilings, crown molding, engineered wood flooring, granite countertops, modern hardware, recently painted, smart thermostat, keyless entry, stainless steel appliances including refrigerator, washer, and dryer. There is a designated covered parking spot right outside the building and ample guest parking. Walk to Loro, ABGB or Bouldin Acres, Black Sheep, and many more restaurants, bars, and shopping through a private gate at back of complex for easy access to South Lamar. Only minutes to Downtown, South Congress, and easy access to major highways and employers. Pets allowed and negotiable. Lease terms negotiable. Easy to see, contact agent today!

Investor Tools

Property Icon
$448,000
Estimated Property Value
$405,000Estimated Mortgage Balance
$76,765Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,688 /month
Positive
Cash Flow Estimate:
$896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$783/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,162
$394,669
2025
$278,339
$116,330
$394,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,162
$394,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Connextions Lp
Conventional
$405,000
No
First
Dec 14, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,928
$122,072
24%
83%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,429/mo
$-789/mo
4.4%

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.

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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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2216 Thornton Rd Apt 421 | Property Details | No Agent List