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$474,000

NAL Estimated Property Value

3108 E E. 51st Street ST 1202, Austin, TX, 78723

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,445 Sq Ft
price_per_sqft$241.54 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,310 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces1

Land Information

APN02172215460000
Lot Number1601
SubdivisionGrove Condominiums
Land UseResidential
Legal DescriptionUNT 1601 GROVE CONDOMINIUMS PLUS 1.923 % INT IN COM AREA
Census Tract002107
Assessed Land Value$212,419
Assessed Improvement Value$254,422
Assessment Year2024

About this property

MLS# 6538056 - Built by Brohn Homes - CONST. COMPLETED Nov 03! ~ This condo has an open and sunny floorplan with a study nook and a garage. This condo has a covered patio and a deck, backing up to green space. This home features high ceilings, an open kitchen with lots of cabinets, quartz countertops,, 8 foot doors, and stainless steel appliances. Wood floors grace the entry, kitchen,dining, and family room. Tons of storage!!Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$474,000
Estimated Property Value
$262,536Estimated Mortgage Balance
$211,464Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$466,841
2024
$212,419
$254,422
$466,841
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$466,841

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$292,550
No
First
Jan 13, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,536
$211,464
44%
55%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,974/mo
+$114/mo
5.3%

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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3108 E E. 51st Street ST 1202 | Property Details | No Agent List