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$160,000

NAL Estimated Property Value

2425 Ashdale DR 62, Austin, TX, 78757

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths657 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$251.14 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Free-Standing Range, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Linoleum

Exterior

Private PoolPrivate Pool
Lot Size897 sqft

Building Information

Year Built1969
Stories1

Land Information

APN02390617010086
Lot Number84
SubdivisionSummit Condominiums Amended The
Land UseCondominiums
Legal DescriptionUNT 62 BLD C SUMMIT CONDOMINIUMS AMENDED THE PLUS .820% INT IN COMMON AREA
Census Tract040400
Assessed Land Value$449
Assessed Improvement Value$154,265
Assessment Year2025

About this property

Nice 1 bedroom, 1 bath end unit on the 2nd floor of the Summit Condos. Unit has extra windows (3 sides) built-in bookshelves, 2 large walk-in closets in the primary bedroom and a sliding glass door which leads to a private balcony. Common facilities include elevator, laundry facilities, amenity center, pool, hot tub, exercise room & covered outdoor areas with BBQ equipment/tables/chairs. Lush landscaping. EXCELLENT CENTRAL LOCATION! Rental agreement in place through July 2021.

Investor Tools

Property Icon
$160,000
Estimated Property Value
$149,586Estimated Mortgage Balance
$10,414Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
$241/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,290
$154,714
2025
$449
$154,265
$154,714
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,290
$154,714

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certainty Home Loans Llc
Fha
$164,746
Yes
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,586
$10,414
6%
93%
$988/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 62 | Property Details | No Agent List