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$335,000

309 Shant St, Austin, TX, 78748

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.89 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Free-Standing Gas Oven, Vented Exhaust Fan
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size19,188 sqft

Building Information

Year Built2013
Stories5
Garage Spaces155

Land Information

APN02080315040000
SubdivisionCapital Studios Condominiums Amended
Land UseResidential
Legal DescriptionUNT RES CAPITAL STUDIOS CONDOMINIUMS AMENDED PLUS 69.459 % INT IN COM AREA
Census Tract002437
Assessed Land Value$2,494,447
Assessed Improvement Value$2,585,553
Assessment Year2025

About this property

Park Ridge • 3 bedrooms • 2 baths • Formal dining • Living/dining combo • Gas stove • Covered patio • Fenced backyard • Near Southpark Meadows • South Austin 78748. Set in South Austin’s Park Ridge neighborhood, 309 Shant St, Austin, TX 78748 offers a comfortable single-story layout with 3 bedrooms, 2 baths, and flexible everyday living space near shopping, dining, entertainment, and key commuter routes. The floor plan includes both a formal dining room and a living/dining combo, giving the home added versatility for meals, work, hobbies, or gathering space. A large kitchen anchors the home with generous prep area, gas cooking, and a dishwasher replaced in 2022. Fresh interior paint gives the home a clean, updated feel, while the roof replaced in 2019 adds an important improvement already in place. The private fenced backyard extends the living space outdoors with a covered patio that works well for relaxing, grilling, container gardening, or enjoying the Texas seasons. Located just across from Southpark Meadows, one of South Austin’s major retail and entertainment destinations with nearly one million square feet of shops, restaurants, services, and entertainment, this home puts daily conveniences close by without giving up the feel of an established neighborhood setting. The 78748 location also offers convenient access to I-35, South Austin employers, grocery options, fitness, coffee, dining, and nearby retail corridors. With its Park Ridge location, practical single-story design, two dining areas, gas stove, recent roof and dishwasher updates, fresh interior paint, covered patio, and fenced yard, this home offers broad appeal for buyers looking for a well-located South Austin property as well as those considering long-term resale or rental potential.

Investor Tools

$3,311,599Estimated Mortgage Balance
$1,768,401Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$30,480 /month
Positive
Cash Flow Estimate:
$10,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,368/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$51,012
$5,080,000
2025
$2,494,447
$2,585,553
$5,080,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$51,012
$5,080,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Foundation Communities Inc
Unknown
$4,660,000
No
First
Jul 25, 2013
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,311,599
$1,768,401
34%
65%
$27,940/mo

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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