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$723,028

NAL Estimated Property Value

2322 Thornton RD B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,835 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$381.47 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Stainless Steel Appliances
FlooringCarpet, Concrete, Wood

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size5,563 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN0401061609
Lot Number2322-B
SubdivisionThornton City Homes Condominiums South
Land UseTownhomes
Legal DescriptionUNT 2322-B THORNTON CITY HOMES CONDOMINIUMS SOUTH PLUS 13.28 % INT IN COM AREA
Census Tract001304
Assessed Land Value$333,747
Assessed Improvement Value$389,281
Assessment Year2025

About this property

Modern design meets prime 78704 location in this stylish end-unit condo, just steps from S. Lamar. The home features polished concrete floors on the main floor and is filled with natural light throughout both levels. The living room is spacious and open, with a soaring ceiling, expansive stacked windows, gas log fireplace, and seamless flow into the kitchen and dining areas—great for everyday living or hosting friends. The kitchen is well-appointed with black granite countertops, a breakfast bar, ample storage, and Bosch stainless-steel appliances. Head upstairs to find the flex landing space that is the perfect loft for an at-home office or gym. In the primary suite, you’ll find a private balcony, a large walk-in closet, and a well-designed en-suite bath with a dual vanity, jetted tub, and separate shower. Down the hallway, the secondary bedroom offers another en-suite that is perfect for guests. Step outside to the back patio where you can enjoy a private fenced backyard with a deck and pavers —ideal for easy outdoor living. Located in one of the most iconic areas of Austin, you’re minutes from top dining spots, shopping, music venues, Zilker Park, Barton Springs, and downtown.

Investor Tools

Property Icon
$723,028
Estimated Property Value
$596,228Estimated Mortgage Balance
$126,800Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,338 /month
Positive
Cash Flow Estimate:
$1,446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,595/month
$407/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,522
$723,028
2025
$333,747
$389,281
$723,028
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,522
$723,028

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$603,500
No
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$596,228
$126,800
17%
82%
$3,473/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$3,880/mo
$-1,960/mo
3.2%

City: Austin

2322 Thornton RD B | Property Details | No Agent List