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$599,000

NAL Estimated Property Value

2520 Bluebonnet Ln Unit 48, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,211 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$300.77 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Garden, Lighting
Lot Size2,387 sqft

Building Information

Year Built2012
Stories3
Roof Type105
Garage Spaces2

Land Information

APN04040728370000
Lot Number48
SubdivisionSola City Homes Amended
Land UseResidential
Legal DescriptionUNT 48 BLD 8 SOLA CITY HOMES AMENDED PLUS 1.6129 % INT IN COM AREA
Census Tract002007
Assessed Land Value$119,333
Assessed Improvement Value$444,026
Assessment Year2025

About this property

Welcome to this exceptional 3-bedroom, 3-bathroom home, spanning a spacious 2211 sq ft, nestled in a prime South Lamar location with an undeniable high walkability score. The main level, where an open floor plan invites seamless living and entertaining. The roomy kitchen is a chef's delight, boasting granite counters creating a large island perfect for dining. This culinary hub flows effortlessly into the main living room, creating an inviting space. The main level is also outfitted with a bedroom and full bathroom. Enjoy your morning coffee on the balcony surrounded by trees! Ascend to the top level, where tranquility awaits in the primary suite. This private sanctuary features a spacious walk-in closet, and a luxurious en-suite bathroom complete with a deep soaking tub and a separate shower—your personal spa retreat. Also on this level, you'll find a comfortable second bedroom with its own full en-suite bath, alongside a practical laundry room. The first floor provides direct access to an extended 2-car tandem garage, leading to a versatile room perfect for a home office or gym with access to the private fenced in yard. Beyond your doorstep, the best of Austin awaits. You are Zoned to the highly sought after and highly ranked, Zilker Elementary School. Enjoy an unparalleled walkability score, placing you just a short stroll from local favorites like Matt’s El Rancho, Loro, and Amy Ice Cream. Excitingly, Bird Bird Biscuit and Kindi are also opening their doors within easy walking distance. This modern condo offers the perfect blend of sophisticated design and easy, lock-and-leave living. Experience the heart of Austin living in a location that truly has it all—modern, walkable, and effortlessly cool. Welcome home! All figures and representations are subject to independent verification by the buyer.

Investor Tools

Property Icon
$599,000
Estimated Property Value
$414,855Estimated Mortgage Balance
$184,766Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,990 /month
Positive
Cash Flow Estimate:
$1,330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,203/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,440
$563,359
2025
$119,333
$444,026
$563,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,440
$563,359

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$419,750
No
First
Aug 13, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,855
$190,145
31%
69%
$2,517/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$3,067/mo
$-597/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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2520 Bluebonnet Ln Unit 48 | Property Details | No Agent List