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$345,000

4004 Banister Ln Unit 209, Austin, TX, 78704

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths675 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$511.11 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Disposal, Microwave, Stainless Steel Appliances
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,394 sqft

Building Information

Year Built2022
Stories1

Land Information

APN04060918250000
SubdivisionMesa Condominiums
Land UseResidential
Legal DescriptionMESA CONDOMINIUMS UNT 209 PLUS 1.7106 % INT IN COM AREA
Census Tract002006
Assessed Land Value$488
Assessed Improvement Value$312,411
Assessment Year2025

About this property

Invest, live, or lease, the choice is yours! Unlock the possibilities at 4004 Banister Ln #209 in the heart of 78704! This 1 bedroom, 1 bath condo offers a rare opportunity with both short-term rental capability and newly expanded long-term leasing options through the HOA, making it an appealing choice for investors and owner-occupants alike. Inside, you'll find 10-foot ceilings, no carpet, and durable, luxury vinyl plank flooring throughout. The kitchen features granite countertops, abundant counter space, and plenty of storage in the custom cabinetry. Thoughtful upgrades include built-in closet shelving and custom storage on both sides of the bed for added functionality. Step outside to a spacious covered patio with downtown views and an additional storage closet. The unit also includes one covered parking space, Google Fiber for high-speed connectivity, and the convenience of an on-site Amazon locker for secure package delivery. Located less than 10 minutes from Downtown Austin with quick access to Ben White, IH-35, and Mopac, this prime 78704 location puts dining, entertainment, parks, and major employers within easy reach.

Investor Tools

Property Icon
$312,899
Estimated Property Value
$266,926Estimated Mortgage Balance
$61,525Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Luisa Mauro

Luisa Mauro Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,193
$312,899
2025
$488
$312,411
$312,899
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,193
$312,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$266,926
No
First
Apr 3, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,374
$61,525
19%
80%
$1,601/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.

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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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