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$399,500

3110 Red River ST C304, Austin, TX, 78705

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths947 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$421.86 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Electric Oven, Refrigerator, Washer/Dryer Stacked
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size1,002 sqft

Building Information

Year Built1973
Stories1
Garage Spaces1

Land Information

APN02150614220000
Lot NumberC-304
SubdivisionSterling Crest Condominiums Amended
Land UseResidential
Legal DescriptionUNT C-304 STERLING CREST CONDOMINIUMS AMENDED PLUS 3.179 % INT IN COM AREA
Census Tract000401
Assessed Land Value$99,981
Assessed Improvement Value$247,935
Assessment Year2025

About this property

Located at 3110 Red River St #C-304 in Austin, Texas, this well-maintained 2-bedroom, 2-bathroom gated condominium offers comfort, convenience, and an unbeatable central location. Just minutes from the University of Texas campus and nearby medical centers, this property is an excellent option for traveling nurses, medical professionals, students, or those who travel frequently for work. Inside, the home features laminate wood flooring throughout, creating a clean, modern feel that is both stylish and easy to maintain. Ceiling fans enhance comfort and airflow, while the recently updated kitchen provides a fresh and functional space for cooking and entertaining. The thoughtfully designed layout includes two spacious bedrooms and two full bathrooms, offering flexibility for roommates, guests, or a home office setup. Residents enjoy the security and privacy of a gated community, along with amenities that include a fenced swimming pool, perfect for relaxing during warm Austin days. Parking is convenient with one covered parking space and one additional open space included. With its prime location near UT, major hospitals, dining, and city conveniences, this condo presents a fantastic opportunity for low-maintenance living in the heart of Austin.

Investor Tools

$271,415Estimated Mortgage Balance
$139,585Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,466 /month
Positive
Cash Flow Estimate:
$822 /month

Interested in this property?

Anne Weatherby

Pure Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
$326/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,761
$347,916
2025
$99,981
$247,935
$347,916
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,761
$347,916

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$295,000
No
First
Feb 10, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,415
$139,585
33%
66%
$1,769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$2,096/mo
$-106/mo
5.8%

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.

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 C304 | Property Details | No Agent List