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$365,114

3001 Cedar ST A-308, Austin, TX, 78705

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,072 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$326.4 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace

Exterior

Lot Size1,002 sqft

Building Information

Year Built1985
Stories1
Roof Type104

Land Information

APN02160420350000
Lot Number217
SubdivisionBenchmark Condominiums Amended
Land UseResidential
Legal DescriptionUNT 217 BLD A BENCHMARK CONDOMINIUMS AMENDED PLUS 2.381% INTEREST IN COMMON AREA
Census Tract000500
Assessed Land Value$100,252
Assessed Improvement Value$264,862
Assessment Year2025

About this property

Beautifully updated condo in a prime central Austin location with 2 primary suites within walking distance to UT North Campus! Pre-inspected and impeccably cared for. HVAC replaced and Google Fiber installed in 2021. The open concept floor plan is filled with natural light and the stunning wood flooring makes the space feel warm and inviting. Living room features include a ceiling fan, a cozy wood-burning fireplace, direct access to the private balcony, and a built-in desk with shelving and cabinetry which is perfect for students or someone who works remotely. The dining area has a stylish chandelier and sight-lines into the kitchen which is great for entertaining. The spacious kitchen is very functional and boasts sleek granite countertops, a double-bowl stainless-steel sink, a built-in pantry, and white appliances including a freestanding electric range/oven, dishwasher, and built-in microwave. French doors off the kitchen lead to the laundry room with washer and dryer. The two primary suites are both spacious with ceiling fans, generously-sized closets, access to the balcony, and private bathrooms with granite countertops and soaking tub/shower combos with gorgeous subway and mosaic tile surrounds. The private balcony is a wonderful place to relax while sipping your morning coffee. Benchmark Condo residents have access to a private and gated parking garage. This unit has two reserved parking spaces and a storage unit. The sparkling pool and spa can be enjoyed year around. Condo is located on the third floor which means no upstairs neighbors! This complex is within walking distance to many restaurants and the UT campus. A great investment opportunity or primary residence.

Investor Tools

Property Icon
$365,114
Estimated Property Value
$0Estimated Mortgage Balance
$110,019Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,191 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$365,114
2025
$100,252
$264,862
$365,114
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$365,114

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank
Conventional
$262,500
No
First
Sep 18, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,095
$110,019
30%
70%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,574/mo
+$416/mo
6.5%

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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3001 Cedar ST A-308 | Property Details | No Agent List