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$419,000

2508 W 12th ST 307, Austin, TX, 78703

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$386.36 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Oven, Washer, Electric Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,133 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN01130606250014
Lot Number205
SubdivisionPark Place Condominiums The
Land UseCondominiums
Legal DescriptionUNT 307 BLD A PARK PLACE CONDOMINIUMS THE PLUS 6.428 % INT IN COM AREA
Census Tract001602
Assessed Land Value$113,287
Assessed Improvement Value$291,253
Assessment Year2025

About this property

**Offer Deadline Monday at 8AM. Multiple Offers Received** Conveniently located near the heart of Downtown Austin, this turnkey condo is quietly tucked away in Deep Eddy, a favorite Austin Neighborhood. Walk or bike to all your local favorites like Deep Eddy Pool & Pool Burger, Maudie's, Lions Muny, or Mozart's. Boasting tall ceilings and natural light, this treehouse-like condo offers tasteful and lasting updates. The kitchen features quartz countertops, exposed shelving and white soft-close cabinetry. The open-concept kitchen, living, and dining is perfect for entertaining and cooking dinners with friends. The loft area is ripe for a home office or home gym, and is a rare for condos in the area. The guest bathroom was fully updated in 2018 with intricate tile work. 2017 HVAC, 2021 compressor. The unit has 2 reserved parking spots, 1 covered and 1 uncovered. Laundry is in the unit. Low $248/mo HOA fee covers common area maintenance, insurance, sewer, water, and trash. Insurance is in the process of replacing the roof at no expense to the condo owners, per the HOA manager.

Investor Tools

Property Icon
$419,000
Estimated Property Value
$0Estimated Mortgage Balance
$419,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
$248/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,708
$404,540
2025
$113,287
$291,253
$404,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,708
$404,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$419,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$248/mo
+$1,462/mo
4.9%

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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2508 W 12th ST 307 | Property Details | No Agent List