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$373,000

NAL Estimated Property Value

2502 Leon ST 509, Austin, TX, 78705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,032 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$386.63 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Exhaust Fan, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size427 sqft

Building Information

Year Built2007
Stories2
Garage Spaces1

Land Information

APN02140016710000
Lot Number509
SubdivisionTexan Shoal Creek Condominiums
Land UseResidential
Legal DescriptionUNT 509 TEXAN SHOAL CREEK CONDOMINIUMS PLUS 1.42 % INT IN COM AREA
Census Tract000605
Assessed Land Value$63,821
Assessed Improvement Value$285,434
Assessment Year2025

About this property

The location is fantastic in the heart of West Campus. One of the bedrooms is a large loft upstairs. The unit is leased until Aug 2023 at $2,200/mo. The unit features wood flooring throughout, high ceilings, large windows for natural light, a balcony, stainless steel appliances, a washer/dryer in the unit, and walk-in closets. Perfect for roommates. Open-concept floor-plan, bar area for seating, granite countertops. Community pool. Price to sell this is a rare find.

Investor Tools

Property Icon
$373,000
Estimated Property Value
$277,095Estimated Mortgage Balance
$95,905Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$801/month
$291/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,751
$349,255
2025
$63,821
$285,434
$349,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,751
$349,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$294,750
No
First
Feb 14, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,095
$95,905
25%
74%
$1,768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,059/mo
$-69/mo
6.4%

City: Austin

2502 Leon ST 509 | Property Details | No Agent List