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$460,000

2402 Thornton RD 1, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$445.38 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Gas Range, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,663 sqft

Building Information

Year Built1983
Stories1
Roof Type112

Land Information

APN04010626020000
Subdivision2402 Thornton Condominiums
Land UseResidential
Legal Description2402 THORNTON CONDOMINIUMS UNT 1 49%INT IN COMMON AREA
Census Tract001304
Assessed Land Value$183,750
Assessed Improvement Value$243,106
Assessment Year2025

About this property

Super cool home in sought after 78704. A few blocks from all the South Lamar restaurants & coffee shops, and minutes to Downtown & SoCo. The interior features hardwood floors throughout, vaulted ceilings in the living room, and projector for movie nights. This unit lives like a single family home, detached, and no fees.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$0Estimated Mortgage Balance
$34,578Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,815
$426,856
2025
$183,750
$243,106
$426,856
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,815
$426,856

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$463,250
No
First
Dec 29, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,422
$34,578
7%
92%
$2,778/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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2402 Thornton RD 1 | Property Details | No Agent List