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$25,956,171

2323 S Lamar BLVD 225, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,199 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$666.39 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesBuilt-In Electric Oven, Built-In Refrigerator, Dishwasher, Disposal, Electric Cooktop, ENERGY STAR Qualified Appliances, Exhaust Fan, Induction Cooktop, Microwave, Stainless Steel Appliance(s)
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Dog Run, Gas Grill, Outdoor Grill
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

Welcome to Zephyr, a premier residential community in 78704, where modern luxury meets Austin’s authentic charm. Located on South Lamar, 1 & 2 bedroom residences feature open-concept floor plans & curated finishes. With residences ranging from 600 to 1,300 square feet, Zephyr offers a seamless way to right-size your lifestyle without compromising comfort, starting at $449,000. This 2 bdrm 2 bth offers a thoughtfully designed space, a full Bosch appliance package—including an induction cooktop, refrigerator, microwave, & dishwasher. The kitchen has quartz countertops & backsplash, a waterfall island, Italian cabinetry, a Kohler sink & wood floors throughout. At Zephyr, daily life is enhanced by amenities that cater to your well-being & sense of community. Unwind on the rooftop terrace with downtown views or cool off in the resort-style pool. Stay active in the state-of-the-art fitness center, enjoy working from home in the co-working space or owner’s clubhouse, & step outside to enjoy Zilker Park’s green spaces—perfect for music festivals & outdoor fun. South Austin’s vibrant dining, boutiques, & cultural hotspots are just steps away. Zephyr is more than a home; it’s a lifestyle that values time, experiences & meaningful connections. Whether you’re savoring a local coffee, catching live music, or exploring Austin’s culinary scene, you’ll be part of a community that blends sophistication with laid-back hospitality. Simplify your life, enjoy each moment, & connect with neighbors who share your passion for modern urban living. Experience the spirit of South Austin—an effortless blend of style, convenience, & character. Enjoy a lock-and-leave lifestyle with a contemporary design. Your new home isn’t just about where you live but how you live. Reach out today to begin your elevated living experience in one of Austin’s most iconic neighborhoods. 59 floor plans available with three interior design finish options.

Investor Tools

Property Icon
$25,956,171
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$39,536/month
$779/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
$70,507,381
N/A
0%
272%
$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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