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$573,308

NAL Estimated Property Value

505 Kemp St # A, Austin, TX, 78741

Recently SoldInfo
8/28/26
Beds3 Beds
Baths2 Bath
Baths1,832 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$272.38 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range, Disposal, Gas Oven, Microwave, Stainless Steel Appliances
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,650 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces1

Land Information

APN03041609020000
Lot NumberA
Subdivision505 Kemp Condominiums
Land UseResidential
Legal DescriptionUNT A 505 KEMP CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002327
Assessed Land Value$90,000
Assessed Improvement Value$483,308
Assessment Year2025

About this property

This contemporary townhome is sitting in one of those East Austin pockets that makes a lot of sense, whether you are looking for a place to live, lease, or hold onto as the area keeps evolving. Set on Kemp Street in Montopolis, the location gives you that rare mix of city access and outdoor space, with Roy G. Guerrero Park right across the street for trails, disc golf, ball fields, river access, and Secret Beach. You can bike into the downtown hike-and-bike trail system or connect to Little Walnut Creek Trail for miles of exploring, all right from your front door. Even with all that green space nearby, you are still close to the good stuff. Downtown is about 5 minutes away via E Cesar Chavez, E 5th, or E 7th, the airport is about 4 minutes away, and you have easy access to 183, 290, and I-35. East Riverside, Lady Bird Lake, restaurants, breweries, and shopping are all nearby too, keeping the location incredibly convenient without feeling buried in the middle of the city. Inside, the home keeps things modern, bright, and functional with 3 bedrooms, 2.5 bathrooms, an attached garage, wood-look floors, tall ceilings, and great natural light. The main level brings the living, dining, and kitchen together with quartz counters, a center island, stainless steel appliances, and clean modern finishes. The downstairs primary suite is a major bonus, complete with its own ensuite bathroom and walk-in closet, while the upstairs loft adds flexibility as a home office, media space, workout zone, or second lounge. Two additional bedrooms and a full bathroom complete the second level. The covered patio opens to a fenced backyard, giving you a private outdoor spot to enjoy without adding extra upkeep. Modern, clean, and incredibly well-positioned, this one brings the lifestyle, the location, and the long-game potential. Buyer to verify all info.

Investor Tools

Property Icon
$573,308
Estimated Property Value
$357,863Estimated Mortgage Balance
$216,076Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,440 /month
Positive
Cash Flow Estimate:
$1,147 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,418
$573,308
2025
$90,000
$483,308
$573,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,418
$573,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
London H Brazil
Assumption
$382,000
Yes
First
Feb 27, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,863
$215,445
37%
62%
$2,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,291/mo
$-203/mo
4.4%

City: Austin

505 Kemp St # A | Property Details | No Agent List