$312,000
NAL Estimated Property Value2300 Hancock DR, Austin, TX, 78756
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Exterior
Lot Size1,668 sqft
Building Information
Year Built1967
Stories2
Roof Type105
Land Information
APN02270305590000
Lot Number10
Subdivision2300 Hancock Drive Condominiums
Land UseResidential
Legal DescriptionUNT 10 2300 HANCOCK DRIVE CONDOMINIUMS
Census Tract000206
Assessed Land Value$58,380
Assessed Improvement Value$251,976
Assessment Year2025
About this property
This is a great condo located right off of thriving Burnet Road. Clean, updated and ready for move in. The interior has wood floors throughout, a brick fireplace anchoring the living area, updated baths, and a kitchen overlooking the living area. Both bedrooms are good sizes and located upstairs with ample closet space. Walking distance to some of the best local restaurants, pubs, coffee shops, Americana Library, and so much more. A great investment and more affordable than paying rent in central Austin!
Investor Tools
$312,000
Estimated Property Value
$261,845Estimated Mortgage Balance
$50,155Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,992
$310,356
2025
$58,380
$251,976
$310,356
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,992
$310,356
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$280,000
No
First
Oct 21, 2022
Nov 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,845
$50,155
16%
84%
$1,679/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,679/mo
$-9/mo
6.4%
