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$411,202

2525 S Lamar 309, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths861 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$365.85 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
FlooringConcrete

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,616 sqft

Building Information

Year Built2007
Stories1
Garage Spaces1

Land Information

APN04010716430000
Lot Number309
SubdivisionSpaces 2525 Condominiums
Land UseResidential
Legal DescriptionUNT 309 SPACES 2525 CONDOMINIUMS PLUS 1.7342 % INT IN COM AREA
Census Tract002007
Assessed Land Value$193,920
Assessed Improvement Value$217,282
Assessment Year2025

About this property

A must see condo with incredible & expansive downtown views from the living room, balcony & the master bedroom!! This unit features beautiful concrete flooring, tons of windows throughout, and an amazing balcony. Sip your morning coffee looking out onto our beautiful downtown skyline. Modern kitchen, complete with granite counters, stainless steel appliances and eat-up bar. Walking distance to so many bars and restaurants including Maria's Tacos, Aviary, Loro and much more! Great central Austin condo!Restrictions: Yes

Investor Tools

Property Icon
$411,202
Estimated Property Value
$0Estimated Mortgage Balance
$171,531Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,467 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
$189/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,936
$411,202
2025
$193,920
$217,282
$411,202
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,936
$411,202

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$272,000
No
First
Apr 13, 2020
May 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,671
$171,531
41%
58%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,820/mo
$-180/mo
4.8%

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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