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$550,000

3015 Burning Oak Dr # 2, Austin, TX, 78704

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,046 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$525.81 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Oven, Disposal, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard
Lot Size3,119 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN04030714030000
Lot Number2
SubdivisionLightsey Townhome Condominims
Land UseResidential
Legal DescriptionUNT 2 LIGHTSEY TOWNHOME CONDOMINIMS PLUS 37.0 % INT IN COM AREA
Census Tract001304
Assessed Land Value$145,688
Assessed Improvement Value$325,772
Assessment Year2025

About this property

Located in one of Austin's most desirable 78704 neighborhoods, this move-in-ready home combines thoughtful updates with an unbeatable location. Major improvements include a roof replacement, window replacement, interior paint, electrical panel upgrade, and bathroom drainlines, quartz countertops, and tile upgrades..Additional Kitchen and flooring updates bring this charming, single-story 2 bedrooms, 2 bathroom detached condo live like a single family home.. Covered carport plus additional off-street parking. Situated on a premium corner lot beneath mature shade trees, the fully fenced backyard with pergola is perfect for entertaining, relaxing, pets, or gardening. Enjoy a walkable, bike-friendly lifestyle just minutes from South Lamar's popular restaurants, coffee shops, boutiques, fitness studios, and nightlife, with easy access to SoCo, Downtown, Zilker Park, Barton Springs Pool, Lady Bird Lake, and the Barton Creek Greenbelt. Convenient access to US 290/SH 71 makes commuting easy. Zoned to Zilker Elementary.

Investor Tools

Property Icon
$604,000
Estimated Property Value
$0Estimated Mortgage Balance
$604,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,624 /month
Positive
Cash Flow Estimate:
$1,208 /month

Interested in this property?

Rebecca Pletz

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,380
$471,460
2025
$145,688
$325,772
$471,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,380
$471,460

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$604,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
N/A
+$1,920/mo
3.8%

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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3015 Burning Oak Dr # 2 | Property Details | No Agent List