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$278,760

2500 Steck Ave 24, Austin, TX, 78757

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths938 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$287.85 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer/Dryer Stacked, Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1,965 sqft

Building Information

Year Built1986
Stories2

Land Information

APN0241061225
Lot Number24
SubdivisionPalm Condominiums The
Land UseTownhomes
Legal DescriptionUNT 24 PALM CONDOMINIUMS THE PLUS 2.2706 % INT IN COM AREA
Census Tract040400
Assessed Land Value$58,879
Assessed Improvement Value$219,881
Assessment Year2025

About this property

Welcome to this inviting 2-story corner unit condo in the gated community of The Palm Condos, conveniently located off Steck Ave. This entry-level home boasts new windows (2021), wood floors, and crown molding. The living room has a ceiling fan and opens to the dining room, showcasing a full wall of built-in shelving. The kitchen is equipped with stainless steel appliances, tile countertops, a pantry, and a recirculating microhood. Upstairs, you'll find 2 spacious bedrooms and a full bathroom. The primary bedroom features a cozy cushioned window seat, while both bedrooms come with walk-in closets. The 2nd bedroom includes a Murphy bed and is currently used as a home office. The folding doors between the bedrooms could easily be replaced with drywall. The bathroom offers a frameless glass shower door and linen cabinet. Step outside to your private, gated patio - perfect for relaxing. Laundry closet with a new stackable washer/dryer on the main floor. 1 assigned parking spot. HOA fees cover gas, water, exterior maintenance, insurance, grounds care, trash service, access to 2 pools and 2 grills- making for hassle-free living. Nearby shopping and entrainment includes Alamo Drafthouse, the Northcross Shopping Center, and Summer Moon coffee. Easy access to 183 and Mopac make commuting a breeze. Warrantable complex with low down payment options. Conventional owner occupant loans available with as little as 3-5% down. Don't miss the change to make this charming condo your own!

Investor Tools

Property Icon
$278,760
Estimated Property Value
$0Estimated Mortgage Balance
$55,033Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,673 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
$324/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$278,760
2025
$58,879
$219,881
$278,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$278,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$229,500
No
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,727
$55,033
19%
80%
$1,376/mo

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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