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$255,000

NAL Estimated Property Value

3204 Menchaca RD 116, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths900 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$310.56 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Electric Range, Electric Oven, Refrigerator, Stainless Steel Appliance(s)
FlooringBamboo, Carpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size2,592 sqft

Building Information

Year Built1985
Stories1

Land Information

APN04031013170000
Lot Number116
SubdivisionIvy @ 78704 Condominiums Amended The
Land UseResidential
Legal DescriptionUNT 116 BLD 1 IVY @ 78704 CONDOMINIUMS AMENDED THE PLUS 1.22 % INT IN COM AREA
Census Tract002004
Assessed Land Value$3,110
Assessed Improvement Value$212,789
Assessment Year2025

About this property

Adorable turnkey condo right off of popular South Lamar Blvd. in 78704. Bamboo flooring and updated kitchen featuring stainless appliances, granite work surfaces with breakfast bar, and pantry. Soaring ceiling and a low-profile fireplace in the light and airy living area. Two contemporary-style full baths. Recent front-load washer & dryer convey. Dedicated covered parking space and onsite community pool, dog park, and grilling area. Excellent walkability and near to major South Austin hotspots including Zilker Park.

Investor Tools

Property Icon
$255,000
Estimated Property Value
$171,446Estimated Mortgage Balance
$83,554Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,677 /month
Positive
Cash Flow Estimate:
$559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,949
$215,899
2025
$3,110
$212,789
$215,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,949
$215,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$186,000
No
First
Jan 25, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,446
$83,554
32%
67%
$1,116/mo

City: Austin