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$1,222,000

NAL Estimated Property Value

305 W MONROE ST A, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,823 Sq Ft
price_per_sqft$382.34 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Tankless Water Heater
FlooringTile, Wood

Exterior

Lot Size3,737 sqft

Building Information

Year Built2011
Stories2
Roof Type112

Land Information

APN04000019020000
Lot NumberA
Subdivision305 West Monroe Condominiums
Land UseResidential
Legal DescriptionUNT A 305 WEST MONROE CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract001312
Assessed Land Value$287,500
Assessed Improvement Value$567,463
Assessment Year2025

About this property

Incredible value for this top-quality oasis just steps from downtown. Owner negotiable to some furnishings & improvements conveying because they fit so well. One-owner 2011 build shows like-new, & enjoys a premium location in the heart of Bouldin Creek. Walk to S. Congress attractions, S. 1st incredible dining options, & live 5 min from DT & 15 from airport. Condo lives like a home & has nooks & details buyers love! Detailed list of upgrades & extras available at property - come to Sat. & Sun open houses!Restrictions: Yes

Investor Tools

Property Icon
$1,222,000
Estimated Property Value
$431,597Estimated Mortgage Balance
$790,403Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,332 /month
Positive
Cash Flow Estimate:
$2,444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,871/month
$112/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,339
$854,963
2025
$287,500
$567,463
$854,963
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,339
$854,963

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Arm (Adjustable Rate Mortgage)
$549,600
No
First
Mar 9, 2017
Apr 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,597
$790,403
64%
35%
$2,318/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$2,430/mo
$-510/mo
1.9%

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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305 W MONROE ST A | Property Details | No Agent List