$385,171
NAL Estimated Property Value2508 W 12th ST 203, Austin, TX, 78703
Off Market
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Electric Oven, Electric Water Heater, Microwave, Range, Stainless Steel Appliances
FlooringLaminate, Tile
Exterior
Exterior FeaturesBalcony, Exterior Steps
Lot Size1,133 sqft
Building Information
Year Built1982
Stories1
Land Information
APN01130606250002
Lot Number201
SubdivisionPark Place Condominiums The
Land UseCondominiums
Legal DescriptionUNT 203 BLD A PARK PLACE CONDOMINIUMS THE PLUS 6.428% INT IN COMMON AREA
Census Tract001602
Assessed Land Value$113,287
Assessed Improvement Value$271,884
Assessment Year2025
About this property
Downtown Austin is at your fingertips in this beautifully updated 2 bed/2 bath Park Place Condo! Incredible location - these units don't come up often so don't wait! Since 2016 both bathrooms have been fully renovated, new durable wood-look laminate floors installed throughout, new kitchen counters, stainless appliances, all popcorn ceilings removed, new light fixtures, and more! Plenty of storage available in the two walk-in closets, hall closet, laundry closet, and balcony storage. Low HOA dues include water and trash. 2 reserved parking spots.
Investor Tools
$385,171
Estimated Property Value
$305,666Estimated Mortgage Balance
$79,505Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,311 /month
Positive
Cash Flow Estimate:
$770 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
$248/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,851
$385,171
2025
$113,287
$271,884
$385,171
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,851
$385,171
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bkoo Mortgage Llc
Conventional
$336,000
No
First
Aug 2, 2021
Sep 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,666
$79,505
20%
79%
$2,015/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$2,263/mo
$-553/mo
5.3%
