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$206,000

3204 Menchaca RD 308, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths420 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$452.14 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range
FlooringBamboo, Carpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size1,211 sqft

Building Information

Year Built1985
Stories1

Land Information

APN04031013410000
Lot Number308
SubdivisionIvy @ 78704 Condominiums Amended The
Land UseResidential
Legal DescriptionUNT 308 BLD 3 IVY @ 78704 CONDOMINIUMS AMENDED THE PLUS .57 % INT IN COM AREA
Census Tract002004
Assessed Land Value$1,453
Assessed Improvement Value$136,471
Assessment Year2025

About this property

Lifestyle & LOCATION! Rare opportunity to own an adorable condo in a great location UNDER $200k in 78704! Corner unit w/open concept floor plan, vaulted ceilings & built in shelving + storage that truly optimize the space in this amazingly located unit! True one bedroom + full private bath & IN-UNIT laundry. Crisp clean architectural lines w/light tones that lend to flexibility in use of space. This investment opportunity will NOT last long! Current lease through June 2020- inquire with agent for details.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$206,000
Estimated Property Value
$0Estimated Mortgage Balance
$83,487Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,702
$137,924
2025
$1,453
$136,471
$137,924
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,702
$137,924

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$138,750
No
First
Apr 23, 2020
May 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,513
$83,487
40%
59%
$832/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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3204 Menchaca RD 308 | Property Details | No Agent List