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$325,000

NAL Estimated Property Value

2605 Garrettson DR B, Austin, TX, 78748

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths904 Sq Ft
price_per_sqft$402.65 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Stainless Steel Appliances
FlooringLaminate, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size3,611 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04302319030000
Subdivision2605 Garrettson Drive Condominiums
Land UseResidential
Legal Description2605 GARRETTSON DRIVE CONDOMINIUMS UNT B PLUS 50.00 % INT IN COM AREA
Census Tract031800
Assessed Land Value$125,000
Assessed Improvement Value$183,869
Assessment Year2025

About this property

Welcome to 2605 Garrettson Drive, Unit B, a beautifully updated condo offering comfort, privacy, and an ideal South Austin location. This 2-bedroom, 2-bath residence with a 1.5-car garage blends modern updates with inviting outdoor spaces designed for easy living and entertaining. Inside, the home was fully renovated in 2022 with contemporary finishes throughout. The interior features designer flooring, fresh paint, modern cabinetry and fixtures, and a stylishly accented fireplace that creates a warm and welcoming living space. Large windows and thoughtfully placed access points allow natural light to flow through the home, with direct backyard access from both the main living area and the primary bedroom. All major mechanical systems within the unit have been recently updated, and the roof was replaced in 2018, providing peace of mind for future owners. The front yard is shaded by a mature live oak and thoughtfully xeriscaped with artificial turf, complemented by a custom fence and gate that creates a private outdoor space perfect for relaxing or hosting gatherings with family and friends. The backyard offers a secluded feel with a heightened privacy fence and has been beautifully refreshed with new grass and decomposed granite, creating a functional outdoor retreat that remains low maintenance. The monthly HOA fee is limited to the Master Insurance Policy, providing structural coverage for the property. Conveniently located with easy access to local grocery stores, retail, and the vibrant and rapidly growing Menchaca entertainment and dining scene, this home offers both lifestyle and location. For investors or buyers seeking additional flexibility, Unit A is also available for purchase (MLS #1656049), creating a rare opportunity to own both sides of the property—ideal for living in one unit while generating rental income from the other.

Investor Tools

Property Icon
$325,000
Estimated Property Value
$357,035Estimated Mortgage Balance
$325,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$84/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,280
$308,869
2025
$125,000
$183,869
$308,869
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,280
$308,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$383,150
No
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,035
N/A
0%
110%
$2,298/mo

City: Austin

2605 Garrettson DR B | Property Details | No Agent List