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$325,000

2300 Hancock Dr # 5, Austin, TX, 78756

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,020 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$318.63 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Range Hood, Washer
FlooringLaminate, Tile

Exterior

Exterior FeaturesUncovered Courtyard
Lot Size1,668 sqft

Building Information

Year Built1967
Stories2
Roof Type105

Land Information

APN02270305540000
Lot Number5
Subdivision2300 Hancock Drive Condominiums
Land UseResidential
Legal DescriptionUNT 5 2300 HANCOCK DRIVE CONDOMINIUMS
Census Tract000206
Assessed Land Value$58,380
Assessed Improvement Value$235,781
Assessment Year2025

About this property

Enjoy an easy lock-and-leave lifestyle in the heart of Central Austin! This well-appointed and thoughtfully updated condo is tucked into a small community on Hancock Drive, offering exceptional walkability to neighborhood favorites including Fonda San Miguel, Épicerie, La Mancha Tex Mex Tavern, and the Yarborough Branch Austin Public Library. Inside, the two-story floor plan has been refreshed with updated LVP flooring throughout, recessed LED lighting, and an upgraded electrical panel. The modernized kitchen features updated cabinetry and countertops, stainless steel appliances, plus a new gas range, dishwasher, and vent hood. A stacked washer and dryer convey for added convenience. Upstairs, both bedrooms offer generous closet space and abundant natural light. The fully remodeled bathroom features a large walk-in shower with frameless glass, modern tile flooring, updated vanity, and contemporary lighting. Outside, a private fenced patio with its own access gate provides a comfortable space to relax or entertain. Two reserved parking spaces add another layer of everyday convenience. With dining, neighborhood amenities, and the Burnet Road corridor close by—and The Domain and Downtown Austin just minutes away—this move-in-ready condo delivers the low-maintenance Central Austin lifestyle buyers are looking for.

Investor Tools

$134,234Estimated Mortgage Balance
$160,202Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Ryan Kelly

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,260
$294,161
2025
$58,380
$235,781
$294,161
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,260
$294,161

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$151,400
No
First
Oct 28, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,234
$159,927
54%
46%
$908/mo

Learn About the Market: Opportunity in Austin

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Explore

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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2300 Hancock Dr # 5 | Property Details | No Agent List