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$369,000

2502 Leon St Apt 508, Austin, TX, 78705

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,036 Sq Ft
price_per_sqft$356.18 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Energy Star Qualified Appliances, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size427 sqft

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APN02140016700000
Lot Number508
SubdivisionTexan Shoal Creek Condominiums
Land UseResidential
Legal DescriptionUNT 508 TEXAN SHOAL CREEK CONDOMINIUMS PLUS 1.42 % INT IN COM AREA
Census Tract000605
Assessed Land Value$63,821
Assessed Improvement Value$341,582
Assessment Year2025

About this property

Enjoy the best of West Campus living in this spacious 3-bedroom, 2-bath condo that lives like a townhome. The unique floor plan features a versatile open loft overlooking the main living area, creating an airy, light-filled space that is perfect as a third bedroom, home office, additional living area, or game room. Inside, you'll find stylish updates including luxury vinyl plank flooring and quartz countertops, along with a functional layout designed for comfortable everyday living. Both bedrooms and the main living areas showcase incredible views of the Downtown Austin skyline, giving you a front-row seat to the city both day and night. Built in 2007 with premium finishes, this property also offers the rare benefit of short-term rental eligibility, making it an excellent option for homeowners, parents of UT students, or investors. Residents enjoy a sparkling courtyard pool and the convenience of two deeded parking spaces in a secure gated underground garage—an uncommon find in West Campus. The location couldn't be better. It's an easy walk to the University of Texas campus, and the UT shuttle stop is just a block away at 25 1/2 Street and San Gabriel. Nearby are popular restaurants, coffee shops, and entertainment, with quick access to Downtown Austin and major employers. Whether you're looking for a place to call home, a game-day getaway, or a strong investment opportunity, this condo offers the space, flexibility, and location to make the most of everything Austin has to offer.

Investor Tools

$287,562Estimated Mortgage Balance
$119,889Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,432 /month
Positive
Cash Flow Estimate:
$811 /month

Interested in this property?

Michael Condrey

Redfin Corporation

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
$557/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,751
$405,403
2025
$63,821
$341,582
$405,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,751
$405,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$307,500
No
First
Oct 28, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,562
$117,841
29%
71%
$1,844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,402/mo
$-412/mo
5.9%

City: Austin

2502 Leon St Apt 508 | Property Details | No Agent List