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$435,000

3601 Lawton Ave 2, Austin, TX, 78731

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$397.85 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size2,296 sqft

Building Information

Year Built1982
Stories2
Roof Type105
Garage Spaces2

Land Information

APN0122000834 02
Lot Number2
SubdivisionJefferson Place Condominiums
Land UseTownhomes
Legal DescriptionUNT 2 BLD A JEFFERSON PLACE CONDOMINIUMS PLUS 9.0909% INTEREST IN COMMON AREA
Census Tract000101
Assessed Land Value$114,771
Assessed Improvement Value$315,261
Assessment Year2024

About this property

Welcome home to a perfect blend of location, established sought after neighborhood, and welcoming updated condo that lives like a townhome. From the manicured front yard to the light and bright entry, this home provides a great space for living and entertaining. Two bedrooms and two bathrooms give flexibility to the property with the downstairs bedroom currently used as a second den/workout room. The kitchen with updated features including granite counters and painted cabinets make it fresh and inviting. A vaulted ceiling in the den, large windows and ample space, allow plenty of opportunity for living and dining. Up the staircase provides an additional large bedroom with an en-suite bath, the perfect spot for the owner! A private backyard patio off the den extends the entertaining outside. Also outside is a large storage unit with recently completed cedar fencing and gate leading to the two car covered carport. Numerous recent updates and improvements throughout. See additional updates list. Included in the HOA is common area maintenance, exterior, fencing, and water, sewer, and trash! Appliances and some furniture (excluded: large chair and ottoman in primary, Peloton) may convey with an executed offer! Walk to businesses at 35th and Jefferson, Kerbey Lane Cafe, Anderson's Coffee, Spread & Co., Olive and June, and just a short bike ride to Central Market. Don't miss this opportunity to live in truly a coveted area of town!

Investor Tools

Property Icon
$435,000
Estimated Property Value
$0Estimated Mortgage Balance
$435,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$430,032
2024
$114,771
$315,261
$430,032
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$430,032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$435,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
4.5%

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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3601 Lawton Ave 2 | Property Details | No Agent List