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$506,803

NAL Estimated Property Value

505 Tillery St Unit 6, Austin, TX, 78702

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths3 Bath
Baths1,460 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.05 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesWasher Dryer Stacked, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Free Standing Range, Gas Cooktop, Disposal, Gas Range, Refrigerator, Tankless Water Heater
FlooringCarpet Free, Tile, Wood

Exterior

Exterior FeaturesBalcony, No Exterior Steps, See Remarks
Lot Size1,995 sqft

Building Information

Year Built2016
Stories3
Roof Type105
Garage Spaces2

Land Information

APN02021417070000
Lot Number6
SubdivisionEast 5th Condominiums
Land UseResidential
Legal DescriptionUNT 6 EAST 5TH CONDOMINIUMS PLUS 9.47 % INT IN COM AREA
Census Tract000902
Assessed Land Value$109,743
Assessed Improvement Value$397,060
Assessment Year2025

About this property

Welcome to 505 Tillery Street, Unit 6! Listed for sale at $595K or rent at $3000/month, this STR approved community with great income potential is located in the desired East Austin community. The stylish 2-bedroom, 2.5-bathroom multi-level condo, just 3 miles from Downtown Austin, lives more like a townhome. The ground level entrance, adjacent to the two car garage, provides access to the 1,460 square foot unit.The main living area and spacious outdoor deck are located on the second floor, along with a half bath. The modern kitchen offers updated appliances, and oversized center island with breakfast bar, gas range, contemporary cabinetry with built in pantry, and recessed lighting. The bedrooms and laundry room are located on the third floor. A spacious and light filled landing greets you at the top of the stairs. The primary suite hosts its own ensuite bath and walk in closet, followed by the secondary bedroom and full bathroom. Located within a few blocks from the Holly Shores on Ladybird Lake Hike and Bike Trail, this location is unbeatable. Don't miss the chance to make this urban retreat your own!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,010/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,586
$506,803
2025
$109,743
$397,060
$506,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,586
$506,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Conventional
$440,000
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$434,869
$72,131
14%
86%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,639/mo
$-1,013/mo
3.9%

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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505 Tillery St Unit 6 | Property Details | No Agent List