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$434,000

2906 S 1st St Apt 203, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$360.58 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Electric Oven, Stainless Steel Appliance(s), Electric Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size1,089 sqft

Building Information

Year Built2008
Stories1

Land Information

APN04040444080000
SubdivisionStarlite Lofts Condominiums
Land UseResidential
Legal DescriptionSTARLITE LOFTS CONDOMINIUMS UNT 203 PLUS 6.25 % INT IN COM AREA
Census Tract001307
Assessed Land Value$141,805
Assessed Improvement Value$168,008
Assessment Year2025

About this property

This home has an open loft plan with an abundance of natural light streaming-in from opposite ends of its design. On one side, floor-to-ceiling windows frame an east view of beautiful oak trees. On the other, sliding glass doors extend the living space onto a large covered patio with room for multiple outdoor furniture spaces. Upgrades from a 2022 remodel feature white oak floors, quartzite countertops, new kitchen appliances, a new washer and dryer, and a bathroom redesigned with materials to echo the aesthetics of the main loft space in a building originally designed by MJ Neil. Additional amenities include secure outdoor storage on the ground floor and a small landscaped area for pets. STR is permitted.

Investor Tools

Property Icon
$434,000
Estimated Property Value
$302,250Estimated Mortgage Balance
$150,412Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,604 /month
Positive
Cash Flow Estimate:
$868 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,138
$309,813
2025
$141,805
$168,008
$309,813
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,138
$309,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$302,250
No
First
Sep 8, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,048
$145,952
33%
65%
$1,552/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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2906 S 1st St Apt 203 | Property Details | No Agent List