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$320,000

3001 Cedar St # A215, Austin, TX, 78705

SoldInfo
7/19/26
Beds2 Beds
Baths2 Bath
Baths938 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.45 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesConvection Oven, Dryer, Dishwasher, Exhaust Fan, Electric Range, Disposal, Range, Self Cleaning Oven, Washer
FlooringBamboo, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Exterior Steps, Lighting, Private Yard, Rain Gutters
Lot Size884 sqft

Building Information

Year Built1985
Stories1
Roof Type104
Garage Spaces2

Land Information

APN02160420330000
Lot Number215
SubdivisionBenchmark Condominiums Amended
Land UseResidential
Legal DescriptionUNT 215 BLD A BENCHMARK CONDOMINIUMS AMENDED PLUS 2.097% INTEREST IN COMMON AREA
Census Tract000500
Assessed Land Value$88,457
Assessed Improvement Value$208,801
Assessment Year2025

About this property

Updated, remodeled, and furnished 2-bedroom, 2-bath condominium in the desirable Benchmark Condominiums community. This second-floor unit offers 938 square feet with a functional split-bedroom floor plan, providing excellent privacy for roommates, students, or professionals. Spacious living area filled with natural light opens to the dining area and kitchen. Both bedrooms feature oversized walk-in closets and en-suite bathroom access. Enjoy a private balcony overlooking the neighborhood, assigned parking, and in-unit washer and dryer. Conveniently located just north of The University of Texas and within walking distance to campus, restaurants, coffee shops, and the vibrant Aldridge Place neighborhood. Minutes from UT Law School, Engineering School, Music School, the LBJ Presidential Library, Downtown Austin, and major employers. Ideal for students, faculty, medical professionals, or anyone seeking a furnished residence in a prime Central Austin location. Available for immediate occupancy. Lease terms negotiable.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$135,650Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,357
$297,258
2025
$88,457
$208,801
$297,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,357
$297,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$200,000
No
First
May 12, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,028
$128,972
41%
58%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,200/mo
+$790/mo
7.5%

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 # A215 | Property Details | No Agent List