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$275,000

2918 Ranch Road 620 N # J162, Austin, TX, 78734

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,386 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$198.41 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Disposal, Dryer, Electric Cooktop, Exhaust Fan, Freezer, Ice Maker, Microwave, Electric Oven, Free-Standing Refrigerator, Vented Exhaust Fan, Washer
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Basketball Court
Lot Size5,262 sqft

Building Information

Year Built1997
Stories1
Roof Type112

Land Information

APN01526010060061
Lot Number255
SubdivisionVillas On Travis Condominiums Amended
Land UseTownhomes
Legal DescriptionUNT 162 BLD J VILLAS ON TRAVIS CONDOMINIUMSAMENDED PLUS .5930% INTEREST IN COMMON AREA
Census Tract031400
Assessed Land Value$63,132
Assessed Improvement Value$324,069
Assessment Year2025

About this property

Resort-style living on Lake Travis at an exceptional value. This well-appointed 2-bedroom, 2.5-bath condo at the gated Villas on Travis community delivers the coveted lake lifestyle with the ease of lock-and-leave ownership — all under $275K. The spacious 1,386-square-foot floor plan features two generous primary suites, each with its own private en-suite bath — a rare and flexible configuration perfect for co-ownership, frequent guests, or tenants who value their privacy. Wood flooring, a wood-burning fireplace in the main living area, and an abundance of natural light give the home a warm, comfortable character that's easy to personalize. The kitchen is fully equipped with built-in electric range and oven, dishwasher, disposal, microwave, and full-size refrigerator. In-unit washer and dryer convey — move in and start living. A peek-a-boo lake view from the second floor adds a nice touch, and your assigned covered parking spot is just steps from the entry. Then there's the community itself. Villas on Travis delivers a genuinely resort-caliber amenity package: multiple pools and hot tubs, fitness center, sport courts, nature trails, and a private community boat dock with tram access directly to Lake Travis. Whether you're paddling out on a Saturday morning or hosting friends poolside, the infrastructure for an exceptional Hill Country lifestyle is already in place. The HOA covers water, trash, recycling, cable, internet, sewer, pest control, and exterior maintenance, making the true cost of ownership far simpler to manage than a comparable single-family home. Positioned on RR 620 with fast access to Lakeway, Bee Cave, Cedar Park, and Spicewood, you're minutes from the Hill Country Galleria, HEB, and the best dining and recreation the Austin metro has to offer. Full-time residence. Weekend retreat. Investment property. Unit J162 works beautifully for all three.

Investor Tools

$277,711Estimated Mortgage Balance
$109,490Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,323 /month
Positive
Cash Flow Estimate:
$774 /month

Interested in this property?

Linda Welsh

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$775/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,364
$387,201
2025
$63,132
$324,069
$387,201
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,364
$387,201

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmac Lending Inc
Conventional
$302,970
No
First
Dec 29, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,711
$109,490
28%
72%
$1,817/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,240/mo
$2,767/mo
$-527/mo
6.9%

City: Austin