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$425,000

2216 Thornton Rd Apt 431, Austin, TX, 78704

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,196 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$355.35 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesDryer, Dishwasher, Exhaust Fan, Free Standing Gas Oven, Free Standing Gas Range, Disposal, Gas Range, Microwave, Self Cleaning Oven, Stainless Steel Appliances, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3,093 sqft

Building Information

Year Built2004
Stories1

Land Information

APN04010614210000
Lot Number431
SubdivisionCarriage Park Condominiums Amended
Land UseResidential
Legal DescriptionUNT 431 CARRIAGE PARK CONDOMINIUMS AMENDED PLUS 4.54 % INT IN COM AREA
Census Tract001304
Assessed Land Value$278,339
Assessed Improvement Value$178,190
Assessment Year2025

About this property

Located in the heart of 78704, this highly upgraded one-bedroom condo offers an unbeatable South Austin location at an exceptional value. Fully remodeled and move-in ready, this third-floor end unit features high ceilings, abundant natural light, and no neighbors above. Updated throughout with quartz countertops, stainless appliances, gas range, and a beautifully renovated kitchen and bath. Rare sunroom adds flexible space for an office, gym, or second living area. Gated community with pool—an incredible opportunity in one of Austin’s most desirable zip codes.

Investor Tools

$181,596Estimated Mortgage Balance
$274,933Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,739 /month
Positive
Cash Flow Estimate:
$913 /month

Interested in this property?

Tausha Carlson

Marathon Real Estate - Tausha

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
$357/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,550
$456,529
2025
$278,339
$178,190
$456,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,550
$456,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Internet Bank Of Indiana
Conventional
$200,000
No
First
Jul 23, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,596
$274,933
60%
40%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,558/mo
+$82/mo
4.3%

City: Austin

2216 Thornton Rd Apt 431 | Property Details | No Agent List