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$322,303

NAL Estimated Property Value

403 Middle Ln # 1, Austin, TX, 78753

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,480 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$168.85 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, Microwave, Free-Standing Gas Oven, Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size5,719 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN02391909020000
Subdivision403 Middle Condominiums
Land UseResidential
Legal DescriptionUNIT 1 403 MIDDLE CONDOMINIUMS 54%INT IN COMMON AREA
Census Tract043100
Assessed Land Value$118,800
Assessed Improvement Value$203,503
Assessment Year2024

About this property

Priced to Sell! Be sure to view this rehabbed home in a vibrant Austin neighborhood as soon as you can - it's ready to move in! Upon pulling up, you’ll notice the inviting covered porch overlooking a spacious front yard. The contemporary front door welcomes you into a light-filled, thoughtfully laid out open floor plan. The larger living room will accommodate most furnishings and has several options for entertainment needs. The kitchen has been remodeled and features sleek glass subway tile, quartz counters and new GE appliances! The main living areas are open yet distinct and flow easily into one another. The lighter walls and neutral lighter-colored wood floors work well together to allow any decor style and are present throughout the spacious home. The secondary bedrooms, at the front of the home, are both significantly larger than average. Their shared bath also has modern updates. The large utility room can also serve as additional storage. The primary suite, overlooking the back yard, was enlarged creating further space and features an ensuite bath with larger walk-in shower with tile surround and there are also two closets. You can work from home in the extra bedroom which can be used as a flex room and is located next to the living area that has a door for privacy – you decide. Relax and unwind on the expansive rear patio or play ball in the back yard. Recent vinyl windows ensure energy efficiency and a touch of modern style. Although this home is part of a “condo-regime” it has its own yard with many options for enjoyment, as well as dedicated parking. Be sure to review the documents online for more helpful information and how to submit an offer. Documents are provided as a courtesy only, are not guaranteed to be correct - buyer should do their own due diligence. Foundation & other items were repaired in August 2024 and a transferable warranty on the foundation will be provided to the buyer at closing.

Investor Tools

Property Icon
$322,303
Estimated Property Value
$213,257Estimated Mortgage Balance
$109,370Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,934 /month
Positive
Cash Flow Estimate:
$645 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,387
$322,303
2024
$118,800
$203,503
$322,303
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,387
$322,303

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$216,750
No
First
May 5, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,257
$109,046
33%
66%
$1,300/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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403 Middle Ln # 1 | Property Details | No Agent List