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$684,000

2502 E Martin Luther King Jr Blvd, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$363.08 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Oven, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
FlooringBamboo, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,669 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02121014100000
Lot Number5
SubdivisionHoly Cross Heights
Land UseResidential
Legal DescriptionLOT 5 HOLY CROSS HEIGHTS
Census Tract000402
Assessed Land Value$319,448
Assessed Improvement Value$316,236
Assessment Year2025

About this property

Nearing completion, come check out what this fully renovated bungalow has to offer. From Bamboo hardwood flooring, decorative tiles, and trending finishes, the space and design of this home will captivate you. Plenty of storage and walk in closet space plus ample backyard with mature trees and spacious deck to enjoy. Great location in east Austin, walk able to all the mlk and manor hotspots.

Investor Tools

Property Icon
$684,000
Estimated Property Value
$406,400Estimated Mortgage Balance
$331,946Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,104 /month
Positive
Cash Flow Estimate:
$1,368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,235/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,401
$635,684
2025
$319,448
$316,236
$635,684
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,401
$635,684

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Redfin Mortgage Llc
Conventional
$406,400
No
First
Aug 12, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,580
$325,420
47%
52%
$2,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,437/mo
$-349/mo
3.7%

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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2502 E Martin Luther King Jr Blvd | Property Details | No Agent List