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$890,000

NAL Estimated Property Value

3016 Prado ST 1, Austin, TX, 78702

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,061 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.38 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Oven, Free-Standing Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Water Heater
FlooringConcrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,903 sqft

Building Information

Year Built2019
Stories3
Roof Type105
Garage Spaces1

Land Information

APN02041324020000
Lot Number1
Subdivision3012 & 3016 Prado Street Condominiums
Land UseResidential
Legal DescriptionUNT 1 3012 & 3016 PRADO STREET CONDOMINIUMS PLUS 30.0 % INT IN COM AREA
Census Tract000902
Assessed Land Value$107,250
Assessed Improvement Value$782,750
Assessment Year2025

About this property

Perfectly situated to enjoy all of east Austin right out your front door. Perfect entertaining flow from your kitchen/living directly to your front private patio. Second story master suite with huge closets and en suite. The 3rd-floor bedroom/game room leads to your private rooftop deck with skyline views of downtown Austin. Eco-friendly building techniques include natural gas systems, batten insulation, tankless hot water heaters, energy-efficient ac systems.

Investor Tools

Property Icon
$890,000
Estimated Property Value
$445,019Estimated Mortgage Balance
$444,981Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,340 /month
Positive
Cash Flow Estimate:
$1,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,526/month
$22/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,861
$890,000
2025
$107,250
$782,750
$890,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,861
$890,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$504,000
No
First
May 14, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,019
$444,981
49%
50%
$3,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$3,044/mo
$-1,418/mo
2.2%

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.

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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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3016 Prado ST 1 | Property Details | No Agent List