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$1,870,400

NAL Estimated Property Value

2402 S 3rd ST B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,060 Sq Ft
price_per_sqft$566.04 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
Heating Hot WaterHeating Hot Water
AppliancesDryer, Dishwasher, Exhaust Fan, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Lighting, Private Yard, Rain Gutters, See Remarks
Lot Size22,647 sqft

Building Information

Year Built1996
Stories2
Roof Type105

Land Information

APN04020301050000
Lot Number1-3
SubdivisionLoma Linda
Land UseCommercial
Legal DescriptionLOT 1-3 *LESS E 6.97 FT BLK I LOMA LINDA
Census Tract001307
Assessed Land Value$1,245,485
Assessed Improvement Value$624,915
Assessment Year2025

About this property

Stunning - Designer Furnished - Turn Key Luxury Home in the Heart of South Austin – 78704. Situated at the back of the property, Unit B offers 2BD/2.5BA and 1,060 sq ft of living space with a private 250 sq ft balcony off the primary bedroom. This sophisticated modern home offers a unique architectural design with Hardi siding & Venetian stucco exterior and a 24-gauge standing metal roof. Both the interior & exterior living spaces maximize every inch of space. Luxury finishes throughout include oversized Milgard windows & sliders, Athens white oak 7.5" plank wood flooring, foam insulation, recessed lighting, modern fixtures, and state-of-the-art SS appliances including a Bertazzini 5-burner gas range. The home chef will love the gourmet kitchen, which opens to the main living area and features an oversized kitchen peninsula with breakfast bar seating, sleek quartz countertops, custom-built cabinetry, a walk-in pantry, and a butler’s pantry area. Upstairs you will find both spacious bedrooms, each with its own luxury ensuite bathrooms and walk-in closets with built-in storage. This unit offers a single-car carport that is used as an outdoor living space, and a covered side patio with wood plank ceilings, recessed lighting, and a ceiling fan to keep the breeze flowing. This unit also offers a grassy side & back yard with a xeriscape patio space that is perfect for late nights around a firepit. Nestled in a prime South Austin location with easy access to major bus lines, and just minutes from Zilker Park (ACL Fest), Barton Springs, SoCo, Downtown Austin, Auditorium Shores, and the Lady Bird Hike & Bike Trail. Walking/Biking distance to popular South Austin eateries, boutique shops, the upcoming new HEB, and more. As an STR, the owners quickly became "Super Hosts" with all 5 Star guest reviews! The owners said, "We were able to rent our Airbnb/VRBO almost effortlessly." Unit A is listed separately in the MLS #2593753 - Buy both! (MLS#5983634)

Investor Tools

Property Icon
$1,870,400
Estimated Property Value
$0Estimated Mortgage Balance
$1,870,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,222 /month
Positive
Cash Flow Estimate:
$3,741 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,870,400
2025
$1,245,485
$624,915
$1,870,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,870,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,870,400
100%
0%
$0/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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2402 S 3rd ST B | Property Details | No Agent List