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$7,910,000

NAL Estimated Property Value

3819 Southway DR 120, Austin, TX, 78704

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths620 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$362.9 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Range, Refrigerator, Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size1.76 acres

Building Information

Year Built1972
Stories2

Land Information

APN04070709100000
Lot Number1-8
SubdivisionSouthridge Sec 2
Land UseApartment 26-49 Units
Legal DescriptionRESUB OF LOT 1-8 BLK D SOUTHRIDGE SEC 2
Census Tract002006
Assessed Land Value$2,691,500
Assessed Improvement Value$5,218,500
Assessment Year2025

About this property

Completely remodeled unit! Rental amount of $1450 guaranteed for first year after purchase if investor chooses free property management.Contact agent for potential upgrades and concessions. HOA fees will be waived for the first year for buyers. Investors also have the option to use professional property management for a 5% monthly fee *free for the first year after purchase, though management is not required. Units listed are currently available however owner is willing to sell units in groups if buyers are interested. Buyer to verify all information.

Investor Tools

Property Icon
$7,910,000
Estimated Property Value
$72,027Estimated Mortgage Balance
$7,837,973Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$47,460 /month
Positive
Cash Flow Estimate:
$15,820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$16,957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$163,937
$7,910,000
2025
$2,691,500
$5,218,500
$7,910,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$163,937
$7,910,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brian Cherney
Commercial
$124,900
No
First
Feb 15, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,027
$7,837,973
99%
1%
$779/mo

Learn About the Market: Opportunity in Austin

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Explore

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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3819 Southway DR 120 | Property Details | No Agent List