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$674,010

NAL Estimated Property Value

2318 Thornton RD B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,588 Sq Ft
price_per_sqft$472.29 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Oven, Free Standing Gas Range, Disposal, Gas Water Heater, Refrigerator
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size4,809 sqft

Building Information

Year Built2005
Stories2
Roof Type112
Garage Spaces2

Land Information

APN04010616050000
Lot Number2318-B
SubdivisionThornton City Homes Condominiums South
Land UseResidential
Legal DescriptionUNT 2318-B THORNTON CITY HOMES CONDOMINIUMS SOUTH PLUS 11.48 % INT IN COM AREA
Census Tract001304
Assessed Land Value$288,510
Assessed Improvement Value$385,500
Assessment Year2025

About this property

Charming Texas limestone condo that is close to everything. Open plan kitchen/dining/family room on the main floor. Family room features a wall of windows and gas fireplace. Pretty covered patio and nice sized, fenced backyard. Primary and guest bedrooms are upstairs along with a loft space ideal for an office or second living area. Primary bedroom has ensuite full bath with separate frameless glass shower, dual vanities, and walk-in closet. The gas fireplace will keep you cozy in the Winter and you can enjoy the warmer weather on the balcony. A detached cooled and insulated 2-car garage offers ample parking and storage. Located in 78704 this condo is just a few blocks from Loro, Matt's El Rancho, Masa y Mas, and Snooze. CVS is around the corner and the new Super HEB is just down the road. This condo is zoned to top-rated Zilker Elementary.

Investor Tools

Property Icon
$674,010
Estimated Property Value
$603,887Estimated Mortgage Balance
$70,123Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,235/month
$333/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,451
$674,010
2025
$288,510
$385,500
$674,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,451
$674,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$641,250
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$603,887
$70,123
10%
90%
$3,845/mo

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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2318 Thornton RD B | Property Details | No Agent List