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$399,000

4004 Banister Ln Unit 115, Austin, TX, 78704

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,227 Sq Ft
price_per_sqft$325.18 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Disposal, Microwave
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size2,540 sqft

Building Information

Year Built2022
Stories1

Land Information

APN04060918160000
SubdivisionMesa Condominiums
Land UseResidential
Legal DescriptionMESA CONDOMINIUMS UNT 115 PLUS 3.1121 % INT IN COM AREA
Census Tract002006
Assessed Land Value$888
Assessed Improvement Value$507,200
Assessment Year2025

About this property

Rarely available in the heart of 78704, this 2-bedroom, 2-bath condominium offers stylish, low-maintenance living with a private fenced yard. Expansive floor-to-ceiling windows fill the residence with natural light, while the contemporary kitchen features stainless steel appliances, generous cabinetry, and ample storage. Both bedrooms include spacious walk-in closets, and thoughtful upgrades throughout include motorized window shades, Lutron smart lighting, and an ADT security system. The property also includes two designated covered parking spaces and two private storage units within a secure, gated community. Residents enjoy access to a lap pool and dedicated dog park. Conveniently located near South Congress, South Lamar, Downtown Austin, Lady Bird Lake, and Zilker Park, this exceptional residence combines privacy, comfort, and easy access to some of Austin's most popular destinations. Available furnished!

Investor Tools

$359,006Estimated Mortgage Balance
$150,939Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,049 /month
Positive
Cash Flow Estimate:
$1,016 /month

Interested in this property?

Meg Alley

Moreland Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,056/month
$817/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,133
$508,088
2025
$888
$507,200
$508,088
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,133
$508,088

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$379,905
No
First
Apr 21, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,006
$149,082
29%
71%
$2,278/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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4004 Banister Ln Unit 115 | Property Details | No Agent List