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$608,694

NAL Estimated Property Value

2312 Santa Rita St, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,240 Sq Ft
price_per_sqft$362.9 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesCooktop, Refrigerator
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesNone
Lot Size3,001 sqft

Building Information

Year Built1935
Stories1
Roof Type105

Land Information

APN02021008210000
Lot Number8
SubdivisionBuena Vista
Land UseResidential
Legal DescriptionLOT 8 BLK 3 OLT 9 DIV O BUENA VISTA
Census Tract000902
Assessed Land Value$247,655
Assessed Improvement Value$361,039
Assessment Year2025

About this property

LOCATION Location Location. Walk, run or bike to downtown, to Lady Bird Lake or the many restaurants. Great Investment opportunity close to downtown, vacant, and in need of some repairs.

Investor Tools

Property Icon
$608,694
Estimated Property Value
$326,353Estimated Mortgage Balance
$282,341Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,652 /month
Positive
Cash Flow Estimate:
$1,217 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,116
$608,694
2025
$247,655
$361,039
$608,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,116
$608,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independence Bank
Purchase Money Mortgage
$349,600
No
First
Oct 5, 2022
Oct 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,353
$282,341
46%
54%
$2,097/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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