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$343,000

NAL Estimated Property Value

3001 Cedar Street A-215, Austin, TX, 78705

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths908 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$418.5 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDisposal, Microwave, Free-Standing Range, Dryer, Washer, Dishwasher, Oven, Refrigerator
FlooringLaminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
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

Recently updated 2/2 condo located within a short walking distance to UT North Campus! The open concept floor plan is filled with natural light and a modern design that makes the space feel warm and inviting. Living room features a beautiful grey stone mantle with wood-burning fireplace and direct access to the private balcony with views overlooking the pool. The functional kitchen boasts sleek quartz countertops, grey soft closing cabinets, a double-bowl stainless-steel sink and stainless steel appliances including a freestanding electric range/oven, dishwasher, and built-in microwave. Just off the kitchen is a private laundry room with washer and dryer included. The two primary suites are both spacious with ceiling fans, large closets, access to the balcony off the bedrooms, and private bathrooms with a tub/shower combo design. Residents have access to a private, gated parking garage with 2 reserved parking spaces. Walking distance to restaurants and UT campus.

Investor Tools

Property Icon
$343,000
Estimated Property Value
$185,028Estimated Mortgage Balance
$157,972Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
$424/month
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
$157,972
46%
54%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$1,624/mo
+$366/mo
7.0%

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 Street A-215 | Property Details | No Agent List