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$213,106

NAL Estimated Property Value

2500 Steck Ave 40, Austin, TX, 78757

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$336.76 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Free-Standing Electric Range, Refrigerator, Washer/Dryer
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Uncovered Courtyard, Outdoor Grill, Private Entrance
Lot Size1,638 sqft

Building Information

Year Built1986
Stories2
Garage Spaces1

Land Information

APN02410612410000
Lot Number40
SubdivisionPalm Condominiums The
Land UseResidential
Legal DescriptionUNT 40 PALM CONDOMINIUMS THE PLUS 1.896 % INT IN COM AREA
Census Tract040400
Assessed Land Value$49,158
Assessed Improvement Value$163,948
Assessment Year2025

About this property

Convenient location on Steck Ave! Low maintenance living at The Palm. Great use of space in this 1 bedroom condo. Large living space with sliders overlooking the pool. Owner's suite on 2nd level with large bathroom. Built-ins throughout provide additional storage. Upgraded kitchen, with sought-after light gray cabinets, finished with hardware, granite counters, and gorgeous glass tile backsplash. Reserved parking space. A great find in the heart of Austin!

Investor Tools

Property Icon
$213,106
Estimated Property Value
$155,645Estimated Mortgage Balance
$57,461Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
$229/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,827
$213,106
2025
$49,158
$163,948
$213,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,827
$213,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Home Loan Expert Llc
Conventional
$171,750
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,645
$57,461
26%
73%
$1,030/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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2500 Steck Ave 40 | Property Details | No Agent List