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$418,000

NAL Estimated Property Value

4315 S Congress Ave # 231, Austin, TX, 78745

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,055 Sq Ft
price_per_sqft$648.34 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, ENERGY STAR Qualified Appliances, Freezer, Microwave, Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Electric Water Heater
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size475 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN04120410410000
SubdivisionCongress Lofts Condominiums
Land UseCondominiums
Legal DescriptionCONGRESS LOFTS CONDOMINIUMS UNT 231 PLUS 0.7954 % INT IN COM AREA
Census Tract002403
Assessed Land Value$21,427
Assessed Improvement Value$167,738
Assessment Year2025

About this property

Embrace a seamless indoor-outdoor lifestyle in this stunning 2BD/2BA loft featuring an expansive terrace at Congress Lofts in the St. Elmo Arts District. This home delivers a contemporary take on classic warehouse styling with 9’5” ceilings, expansive 8x8 Quaker windows and LVT floors throughout. The spacious open layout begins with a large living/dining room flanked by a sleek stainless-steel kitchen with Italian cabinetry by Italkraft, Quartz countertops and Bosch appliances. The primary suite boasts a walk-in closet and en suite bath. A second bedroom, guest bath and laundry closet complete the thoughtful floor plan and and an oversized terrace perfect for entertaining. Congress Lofts is a new pet-friendly enclave offering a gallery lobby, library lounge, parking garage, bike storage, dog park, dog wash, and a beautiful interior courtyard with a luxurious pool, outdoor kitchen, fire pit and trellis garden. Nestled in the burgeoning St. Elmo Arts District, just minutes from great dining, nightlife, recreation and tech/creative hubs with The Yard, South Lamar, Downtown, Zilker Park and Ladybird Lake all within easy reach. The iconic Austin half-grocer, half-convenience store Quickie Pickie will be located on our main level retail space offering outdoor seating featuring fresh food, wine, beer and a coffee bar!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$0Estimated Mortgage Balance
$418,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,104 /month
Positive
Cash Flow Estimate:
$1,368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$316/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,120
$189,165
2025
$21,427
$167,738
$189,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,120
$189,165

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$316/mo
+$1,394/mo
4.9%

Learn About the Market: Opportunity in Austin

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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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