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$899,000

2323 S Lamar BLVD 206, Austin, TX, 78704

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,310 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$686.26 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDryer, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.48 acres

Building Information

Year Built2025
Stories1
Garage Spaces2

Land Information

APN04010702330000
Lot Number1
SubdivisionDecker I
Land UseResidential
Legal Description0.4977AC OF LOT 1 PRECISION ADDN & ABS 8 SUR 20 DECKER I ACR 0.9854
Census Tract001304
Assessed Land Value$9,044,140
Assessed Improvement Value$16,912,031
Assessment Year2025

About this property

Own a Piece of Austin's Most Innovative Address — The Code, Zilker Welcome to Residence 206 at The Code, a rare turnkey opportunity in the heart of Zilker where boutique real estate meets hotel-grade hospitality. This isn't just a condo — it's a fully furnished, professionally managed residence built for the way people actually live and invest in Austin today. The Unit A bright, pool-facing 2-bedroom, 2-bathroom home (1,310 sq ft) finished in the warm Shady Grove palette — White Oak finishes paired with a Bosch stainless steel appliance package throughout. Step out onto your large private balcony overlooking the resort-style pool, and settle into a space that's move-in ready from day one: furniture, appliances, linens, and finishes are all included. Dedicated parking is part of the package. The Opportunity What sets The Code apart is its built-in flexibility. Live in it full-time, use it as your Austin pied-à-terre whenever the city calls, or place it into the professionally run rental program and let it work for you — short-term, mid-term, or long-term stays, all without lifting a finger. Hotel operations, housekeeping, concierge service, and a resort-style pool and lounge are managed on-site by AvantStay, the exclusive hospitality operator for the building, so owners get institutional-quality management with none of the hassle of self-hosting. The Lifestyle Located at 2323 S Lamar Blvd, you're steps from Barton Springs, the Lady Bird Lake trail, South Lamar's restaurants and music venues, and everything that makes Zilker the neighborhood Austinites never want to leave. Whether you're an owner-occupant, a part-time Austin resident, or an investor looking for a hands-off hospitality-backed asset, Residence 206 delivers the rare combination of real ownership and real flexibility. Own like a local. Stay like a guest. Earn when you're away. This is The Code

Investor Tools

$69,888,082Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$155,737 /month
Positive
Cash Flow Estimate:
$51,912 /month

Interested in this property?

David Lozano

Christies Intl Real Estate Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$39,536/month
$680/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$344,654
$25,956,171
2025
$9,044,140
$16,912,031
$25,956,171
No

Tax History

Year
Tax Paid
Assessed Value
2024
$344,654
$25,956,171

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Khre Sma Funding Llc
Commercial
$75,000,000
No
First
Dec 29, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,888,082
N/A
0%
269%
$449,663/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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2323 S Lamar BLVD 206 | Property Details | No Agent List