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Owner Contacts

$300,239

NAL Estimated Property Value

3812 Southway DR 107, Austin, TX, 78704

Off Market

2 Beds

2 Bath

1,028 Sq Ft

Condos / Townhouses

$277.24 / sqft

Built in 1971

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms 2

Heating

Cooling

AppliancesBuilt-In Electric Oven, Built-In Electric Range, Microwave, Washer/Dryer Stacked

FlooringLaminate, Wood

Exterior

Private Pool

Exterior FeaturesNone

Lot Size1,999 sqft

Building Information

Year Built1971

Stories2

Roof Type183

Land Information

APN04070729160000

Lot Number107

Subdivision3810 & 3812 Southway Condominiums

Land UseResidential

Legal DescriptionUNT 107 BLD 3812 3810 & 3812 SOUTHWAY CONDOMINIUMS PLUS 6.25 % INT IN COM AREA

Census Tract002006

Assessed Land Value$120,062

Assessed Improvement Value$180,177

Assessment Year2025

About this property

SELLER TO PAY CLOSING COSTS! NO MONEY DOWN financing available, contact the agent for customization options and attractive preferred lender incentives! Move into a completely remodeled condo at the center of 78704 with close proximity to Downtown and popular south Austin establishments. Buy the model condo or customize it your way with multiple selection packages available. 2 beds + 1.5 baths, open layout, private fenced yard for entertainment, and ultra-low HOA of only $175 which includes water, wastewater, trash, common area maintenance, 'walls out' master policy, and property management fee. Great investment opportunity to be in the middle of the action in a quiet neighborhood. Contact the agent for customization options and attractive preferred lender incentives!

Investor Tools

$300,239

Estimated Property Value

$256,267Estimated Mortgage Balance

$43,972Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,801 /month

Positive

Cash Flow Estimate:

$600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$790/month

$175/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,985

$300,239

2025

$120,062

$180,177

$300,239

Tax History

Year

Tax Paid

Assessed Value

2024

$7,985

$300,239

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bancorpsouth Bank

Conventional

$285,000

First

Feb 1, 2021

Mar 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$256,267

$43,972

14%

85%

$1,709/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,920/mo

$1,884/mo

+$36/mo

7.7%

Learn About the Market: Opportunity in Austin

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