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$425,000

2516 Hopsack Mills Rd, Austin, TX, 78748

$464,087 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,407 Sq Ft
price_per_sqft$176.57 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size11,670 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04383018570000
Lot Number56
SubdivisionGabardine Condominiums Amended
Land UseResidential
Legal DescriptionUNT 56 GABARDINE CONDOMINIUMS AMENDED PLUS .7722 % INT IN COM AREA
Census Tract033300
Assessed Land Value$55,781
Assessed Improvement Value$459,360
Assessment Year2025

About this property

**SELLERS TO PAY FOR SIX MONTHS OF HOA’S IN ADVANCE FOR BUYER** Buyer terminated due to financing only. Welcome to 2516 Hopsack Mills Rd, a beautifully designed light-filled modern home in the sought-after Gabardine condo community of South Austin. Offering just over 2,400 square feet of thoughtfully designed living space, this stylish residence blends contemporary comfort with an open, airy layout perfect for both entertaining and everyday living. Step inside to soaring ceilings, oversized windows, and abundant natural light that fills the spacious main living area. The open floorplan creates seamless flow between the living room, dining area, and kitchen, while rich wood flooring and clean modern finishes add warmth and sophistication throughout. The spacious primary suite is conveniently located on the main floor, offering privacy and ease of living. Filled with natural light, the retreat-like bedroom features generous proportions and a calming modern aesthetic. Upstairs, two additional bedrooms provide flexible space for family, guests, a home office, or creative studio setup. Designed for effortless living, this home combines contemporary style with functional spaces in one of South Austin’s most convenient locations. Residents of the Gabardine community enjoy a low-maintenance lifestyle with beautifully maintained surroundings and easy access to nearby parks, trails, shopping, and dining. Located just minutes from South Menchaca entertainment districts, local breweries, coffee shops, and major commuter routes, this home offers the perfect balance of peaceful community living and vibrant Austin convenience.

Investor Tools

$354,275Estimated Mortgage Balance
$161,381Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$464,087
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,091 /month
Positive
Cash Flow Estimate:
$1,030 /month

Interested in this property?

Michael Reisor

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$851/month
$535/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,642
$515,141
2025
$55,781
$459,360
$515,141
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,642
$515,141

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Easy Street Capital Llc
Building Or Construction Loan
$355,300
No
First
Mar 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,275
$160,866
31%
69%
$2,131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$2,666/mo
$-926/mo
4.1%

City: Austin

2516 Hopsack Mills Rd | Property Details | No Agent List