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$343,000

2509 Pearl ST 5, Austin, TX, 78705

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths845 Sq Ft
price_per_sqft$405.92 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
AppliancesElectric Oven, Gas Water Heater, Induction Cooktop, Oven, Refrigerator, Trash Compactor
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size754 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN02140120060000
Lot Number5
SubdivisionValencia Condominiums
Land UseResidential
Legal DescriptionUNT 5 VALENCIA CONDOMINIUMS PLUS 10.90% INT IN COM AREA
Census Tract000606
Assessed Land Value$113,012
Assessed Improvement Value$194,625
Assessment Year2025

About this property

Major price drop on UT condo in prime west campus location. Updated bathrooms and kitchen. The Valencia is a small well-managed condo complex in the heart of west campus. Quiet and secure, the building has a great rental history. This unit has been updated with new kitchen and bathrooms, flooring and finishes. Really stands out. 3rd floor unit so especially quiet and private, gated access and comes with two reserved parking spaces. The owner just graduated and lived here for 6 years while completing architecture and architectural engineering degrees. Great experience living here. Come see!

Investor Tools

$253,203Estimated Mortgage Balance
$54,434Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

Interested in this property?

Marietta Scott

Moreland Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
$356/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,636
$307,637
2025
$113,012
$194,625
$307,637
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,636
$307,637

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vail Highline Llc
Commercial
$285,000
No
First
Aug 6, 2020
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,203
$54,434
17%
82%
$1,709/mo

City: Austin

2509 Pearl ST 5 | Property Details | No Agent List