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$245,046

2425 Ashdale DR 40, Austin, TX, 78757

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths972 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$257.2 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Oven, Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size1,324 sqft

Building Information

Year Built1969
Stories1

Land Information

APN02390617010024
Lot Number14
SubdivisionSummit Condominiums Amended The
Land UseCondominiums
Legal DescriptionUNT 40 BLD A SUMMIT CONDOMINIUMS AMENDED THE PLUS 1.213% INT IN COMMON ARE
Census Tract040400
Assessed Land Value$663
Assessed Improvement Value$244,383
Assessment Year2025

About this property

Remarkable opportunity at the Summit Condos! This two bedroom, two bathroom unit offers the perfect blend of comfort, convenience, and style at an affordable price in one of Austin's most desirable areas. Step inside to discover an open-concept living and dining area, creating a seamless flow that is ideal for both everyday living and entertaining. The galley kitchen boasts both functionality and charm, with modern appliances and ample counter space for culinary adventures. As one of the largest units within the complex, this home ensures that every need is met. A highlight of the Summit Condos is the lush courtyard area, visible from your second-floor vantage point. It's the perfect place to unwind, read a book, or enjoy your morning coffee. The community amenities, including a refreshing pool, grilling area, clubhouse, and elevator, add an extra layer of comfort and convenience to your lifestyle. Additionally, the on-site bike storage and laundry facility make day-to-day tasks a breeze. Situated between the vibrant Burnet Road and Anderson Lane, you'll find yourself in close proximity to great dining, shopping, and entertainment options. Sample culinary delights at nearby restaurants, explore unique boutiques, and immerse yourself in the vibrant cultural scene that Austin is known for. This great location allows you to leave your car behind and walk or scooter to Bartlett's, Alamo Drafthouse, Summer Moon Coffee, Cover 3, Jack Allen's Kitchen, and more. Whether you're seeking a place to call home or an investment opportunity in a high demand area, 2425 Ashdale Dr, Unit #40, caters to experiencing the best of Austin's lifestyle. *HOA Covers all utilities except electricity*

Investor Tools

Property Icon
$245,046
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
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
$442/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,283
$245,046
2025
$663
$244,383
$245,046
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,283
$245,046

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$244,489
Yes
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,166
N/A
0%
193%
$2,932/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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2425 Ashdale DR 40 | Property Details | No Agent List