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$553,732

2414 E Martin Luther King Jr Blvd # B, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,272 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$389.15 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Refrigerator
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,589 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02121020030000
Lot NumberB
Subdivision2414 E Mlk Condominiums
Land UseResidential
Legal DescriptionUNT B 2414 E MLK CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract000402
Assessed Land Value$157,500
Assessed Improvement Value$396,232
Assessment Year2025

About this property

Amazing condo with private gated entrance! This light and bright unit has major designer flair. Features include lush yard with covered patio, one car garage / carport with electric car charger, gourmet kitchen with custom island, concrete flooring, second living space perfect for office or media area and master bedroom with vaulted ceiling. Close to UT / DT and Manor Road restaurants. Compare to similar condos - this unit checks all the boxes. Sprinkler Sys:Yes

Investor Tools

Property Icon
$553,732
Estimated Property Value
$364,000Estimated Mortgage Balance
$192,559Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,322 /month
Positive
Cash Flow Estimate:
$1,107 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,775
$553,732
2025
$157,500
$396,232
$553,732
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,775
$553,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$364,000
No
First
Oct 14, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,582
$192,150
34%
65%
$2,067/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$2,067/mo
+$349/mo
5.2%

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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2414 E Martin Luther King Jr Blvd # B | Property Details | No Agent List