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$225,000

2600 Penny Lane LN 211, Austin, TX, 78757

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths828 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$271.74 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDryer, Washer Dryer Stacked, Dishwasher, Free Standing Electric Range, Disposal, Microwave, Oven, Refrigerator, Stainless Steel Appliances
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Exterior Steps, Rain Gutters
Lot Size1,237 sqft

Building Information

Year Built1969
Stories1

Land Information

APN02410610320043
Lot Number110
SubdivisionVictoria Square Condominiums Amended
Land UseCondominiums
Legal DescriptionUNT 211 BLD C VICTORIA SQUARE CONDOMINIUMS AMENDED PLUS 2.0394 % INT IN COM AREA
Census Tract040400
Assessed Land Value$495
Assessed Improvement Value$193,636
Assessment Year2025

About this property

Don't miss this incredible opportunity to own a beautifully updated 2-bedroom, 2-bathroom condo in one of Central Austin's most convenient locations! This move-in ready home features fresh interior paint, brand-new flooring, updated lighting and fixtures, and two completely renovated bathrooms, including a spacious primary suite with a double vanity. Both bedrooms offer generous closet space, and the open-concept floor plan creates a comfortable flow that's perfect for everyday living or entertaining.The kitchen is equipped with all-new stainless steel appliances, and the stackable washer and dryer convey with the property, making this home truly turnkey. Location is everything, and this condo delivers. Just minutes from The Domain, Q2 Stadium, Apple's Parmer Lane campus, The Arboretum, and major employers, you'll enjoy easy access to Mopac, US-183, and Loop 360. Downtown Austin is only about 15 minutes away, while Austin-Bergstrom International Airport is approximately 20 minutes away, making commuting and travel a breeze. You'll also love being just a short walk or bike ride from the vibrant Burnet Road corridor, known for its local restaurants, breweries, coffee shops, retail, fitness studios, and entertainment. Whether you're looking for a primary residence, lock-and-leave lifestyle, or investment opportunity, this updated condo offers outstanding value in an unbeatable Central Austin location.

Investor Tools

Property Icon
$204,000
Estimated Property Value
$0Estimated Mortgage Balance
$61,939Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Todd Burgener

Douglas Elliman Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$450/month
$349/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,375
$194,131
2025
$495
$193,636
$194,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,375
$194,131

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$153,000
No
First
Aug 18, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,061
$61,939
30%
70%
$918/mo

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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2600 Penny Lane LN 211 | Property Details | No Agent List