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$330,000

2605 Witsome Loop # 40c, Austin, TX, 78741

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,490 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.48 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Oven, Free-Standing Range, Refrigerator, Free-Standing Refrigerator, Washer/Dryer Stacked, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size3,777 sqft

Building Information

Year Built2014
Stories3
Roof Type105
Garage Spaces2

Land Information

APN03090305100000
Lot Number40C
SubdivisionEdgewick Condominiums Amended
Land UseResidential
Legal DescriptionUNT 40C EDGEWICK CONDOMINIUMS AMENDED PLUS .3333 % INT IN COM AREA
Census Tract002307
Assessed Land Value$30,213
Assessed Improvement Value$340,375
Assessment Year2025

About this property

3 story, 2 bed, 2.5 bath Free standing Condo. Located in the highly sought after gated Edgewick Community. Modern open floor plan with tons of natural lighting. Spacious primary bedroom features high ceilings, walking closet., and a large bathroom with, an ample walk in shower. Secondary bed features a closet organization system, a dedicated bath with a tub and shower. This condo offers 2 balconies, a small fenced yard maintained by the HOA, an open space on the 3rd floor ideal for a reading nook or work from home area. Owners will have 1 garage parking space, 1 driveway, and access to 6 shared spaces on the same street. Garage has a walking storage closet. It includes a high efficiency stacked washer/dryer and upgraded appliances.Hardwood flooring throughout open area, tile in bathrooms, & carpet in bedrooms and stairs. Ecobee smart thermostats already installed, and the space is ready for Google Fiber or other high speed internet providers. Pre-wired security sensors on all doors and openable windows with optional professional monitoring available through Austin Central Security. This unit is pet friendly, steps away from the community dog park. Conveniently located a ½ mile walk to Mabel Davis Park and a short drive to SoCo, Downtown, Zilker Park, and Lady Bird Lake. Easy access to I-35 and 71 as well as public bus stops within walking distance. HOA covers the yard maintenance, sprinkler, exterior insurance, and common grounds maintenance. The grass has been enhanced.

Investor Tools

$228,651Estimated Mortgage Balance
$143,813Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,224 /month
Positive
Cash Flow Estimate:
$741 /month

Interested in this property?

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,909
$370,588
2025
$30,213
$340,375
$370,588
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,909
$370,588

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$244,400
No
First
Apr 18, 2016
May 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,651
$141,937
38%
62%
$1,741/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,741/mo
+$347/mo
6.8%

Learn About the Market: Opportunity in Austin

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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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2605 Witsome Loop # 40c | Property Details | No Agent List