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$558,000

NAL Estimated Property Value

2705 S 2nd ST B, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,100 Sq Ft
price_per_sqft$427.18 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Free-Standing Range, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Water Heater
FlooringTile

Exterior

Exterior FeaturesNone
Lot Size4,291 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04040429030000
Lot NumberB
Subdivision2705 South 2nd Street Condominiums
Land UseResidential
Legal DescriptionUNT B 2705 SOUTH 2ND STREET CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001307
Assessed Land Value$196,875
Assessed Improvement Value$297,352
Assessment Year2025

About this property

Currently in the last phases of construction, this new 2 bedroom and 2 bath home will be completed in July 2018. Cabinets, counters and paint are completed and flooring will be installed the week of June 18th. The house has several large windows and is nestled between several large pecan trees and has a comfortable private feel. Unit A and Unit B will share a carport and each unit will have 1 covered parking spot. This home will be completely move in ready so don't miss out!

Investor Tools

Property Icon
$558,000
Estimated Property Value
$434,658Estimated Mortgage Balance
$123,342Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,348 /month
Positive
Cash Flow Estimate:
$1,116 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,063/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,961
$494,227
2025
$196,875
$297,352
$494,227
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,961
$494,227

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$488,250
No
First
Aug 27, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$434,658
$123,342
22%
78%
$2,928/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,928/mo
$-1,008/mo
4.1%

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.

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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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