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B+
NoAgentList RatingHow are grades calculated?Info
Days42Days on Market
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$399,000

3110 Red River ST C-402, Austin, TX, 78705

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths947 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$421.33 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Refrigerator
FlooringWood, See Remarks

Exterior

Private PoolPrivate Pool
Lot Size423 sqft

Building Information

Year Built1973
Stories1
Roof Type183
Garage Spaces2

Land Information

APN02150614420000
Lot NumberB-115
SubdivisionSterling Crest Condominiums Amended
Land UseResidential
Legal DescriptionUNT B-115 STERLING CREST CONDOMINIUMS AMENDED PLUS 1.345 % INT IN COM AREA
Census Tract000401
Assessed Land Value$42,301
Assessed Improvement Value$164,898
Assessment Year2025

About this property

Leased at $2600/month thru 7/31/26. Investor or Owner Occupied opportunity in prime Central campus and Austin location! This beautifully updated 2 bed, 2 bath unit at Sterling Crest offers walkability to UT and quick access to Downtown, making it highly desirable for tenants and owners alike. The entire complex was completely rebuilt in 2014 with new plumbing, electrical, and modern systems. Inside, the unit features JennAir appliances, engineered wood floors, quartz countertops, recessed lighting, glass tile accents, and a front-loading washer/dryer. Both spacious bedrooms have private en-suite baths—ideal for roommates or professionals. Turnkey property in one of Austin’s most sought-after areas.

Investor Tools

$143,869Estimated Mortgage Balance
$83,131Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Chesney Coker

Tower Realty Austin

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,495
$207,199
2025
$42,301
$164,898
$207,199
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,495
$207,199

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assurance Financial Group Llc
Conventional
$160,000
No
First
Feb 24, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,869
$83,131
36%
63%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,185/mo
+$515/mo
9.0%

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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3110 Red River ST C-402 | Property Details | No Agent List