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$299,000

2409 Leon ST 201, Austin, TX, 78705

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths761 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$392.9 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesWasher Dryer Stacked, Dishwasher, Electric Range, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size758 sqft

Building Information

Year Built1985
Stories1
Roof Type183
Garage Spaces2

Land Information

APN02140013330009
Lot Number207
SubdivisionStoneleigh Condominiums
Land UseCondominiums
Legal DescriptionUNT 201 STONELEIGH CONDOMINIUMS PLUS 3.799% INTEREST IN COMMON AREA
Census Tract000605
Assessed Land Value$113,400
Assessed Improvement Value$114,181
Assessment Year2025

About this property

Rare opportunity to own a well-located 2-bedroom, 2-bath condo in one of Austin’s most consistently high-demand rental markets. The functional roommate floor plan appeals to student and young professional tenants, while the property’s walkable location near UT, restaurants, Greek houses, and a nearby UT shuttle stop supports strong leasing demand. This unit stands out with a private, shaded patio—an uncommon feature in the complex that adds tenant appeal and livability. Residents enjoy secure access with a gated garage offering two reserved parking spaces, coded pedestrian entry, and elevator access from the garage for added convenience. Everyday amenities are close by, including Orange Market just one block away, while nearby Shoal Creek Greenbelt and Pease Park provide attractive outdoor recreation options that further enhance the property's rental desirability.

Investor Tools

$244,262Estimated Mortgage Balance
$20,738Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Chesney Coker

Tower Realty Austin

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,176
$227,581
2025
$113,400
$114,181
$227,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,176
$227,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$257,600
No
First
Aug 14, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,262
$20,738
7%
92%
$1,545/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,895/mo
+$95/mo
9.0%

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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2409 Leon ST 201 | Property Details | No Agent List