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Owner Contacts

$562,240

NAL Estimated Property Value

402 Irma DR A, Austin, TX, 78752

Off Market

2 Beds

3 Bath

1,293 Sq Ft

Condos / Townhouses

$409.9 / sqft

Built in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Free-Standing Range, Tankless Water Heater, Washer/Dryer

FlooringTile, Wood

Exterior

Private Pool

Lot Size3,781 sqft

Building Information

Year Built2015

Stories2

Roof Type105

Garage Spaces1

Land Information

APN02291112020000

Lot NumberA

Subdivision402 Highland Cityhomes Condominiums

Land UseResidential

Legal DescriptionUNT A 402 HIGHLAND CITYHOMES CONDOMINIUMS PLUS 50.0 % INT IN COM AREA

Census Tract001503

Assessed Land Value$150,000

Assessed Improvement Value$477,720

Assessment Year2025

About this property

Welcome to this ultra-hip 4 Star Energy Rated condo in an amazing North Austin neighborhood. This condo lives like stand-alone home (connected to the rear home via garage), and has beautiful wood floors throughout w/ hard tile in the bathrooms. The gorgeous kitchen ad functional kitchen features a center island, plenty of storage and beautiful Silestone countertops, S.S. appliances and a modern hexagon tile backsplash. Upstairs you will find 2 spacious bedrooms, 2 full bathrooms, and a built-in workstation for the home office. Modern doors painted black. Spray foam insulated walls/ceiling, Tankless H2O heater. This is a must-see and won't last long. No HOA, however there is an external insurance policy that is approximately $1959 / year that is split between Units A and B.

Investor Tools

$562,240

Estimated Property Value

$452,301Estimated Mortgage Balance

$109,939Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,373 /month

Positive

Cash Flow Estimate:

$1,124 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$920/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,223

$562,240

2025

$150,000

$477,720

$627,720

Tax History

Year

Tax Paid

Assessed Value

2024

$8,223

$562,240

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Originpoint Llc

Conventional

$477,000

First

Jun 19, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$452,301

$109,939

19%

80%

$2,860/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,626/mo

$2,860/mo

$-1,234/mo

3.5%

Learn About the Market: Opportunity in Austin

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