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$729,000

NAL Estimated Property Value

2905 Prado St, Austin, TX, 78702

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,240 Sq Ft
price_per_sqft$342.74 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Free-Standing Range, Water Heater
FlooringWood

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,743 sqft

Building Information

Year Built1935
Stories2
Roof Type105
Garage Spaces3

Land Information

APN02041304080000
Lot Number16
SubdivisionChernosky No 12
Land UseResidential
Legal DescriptionLOT 16 BLK 2 OLT 26-27 OLT 32-33 DIV A CHERNOSKY NO 12
Census Tract000902
Assessed Land Value$295,397
Assessed Improvement Value$309,405
Assessment Year2025

About this property

Wood floors, formal dining, High Ceilings, French Doors, Sun Room, whole house new elec wire 200 amps, 9ft x 30ft Covered Front Porch with 3 Ceiling Fans, Covered Back Patio approx 12x20 with an attached workshop approx 12x12 perfect for a hobby room, work from home office/study. 41 feet of covered carport with a detached garage at back. Sewer line along drive way for easy conversion of rear workshop and/or detached garage into separate living quarters. Upstairs has plumbing in wall for bathroom buildoutRestrictions: Yes

Investor Tools

Property Icon
$729,000
Estimated Property Value
$571,646Estimated Mortgage Balance
$158,275Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,374 /month
Positive
Cash Flow Estimate:
$1,458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,062/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,100
$604,802
2025
$295,397
$309,405
$604,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,100
$604,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Pros Inc
Conventional
$592,000
No
First
May 17, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$571,646
$135,354
19%
78%
$3,550/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$3,550/mo
$-1,462/mo
3.4%

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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2905 Prado St | Property Details | No Agent List