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$415,000

5107 Leralynn ST 304, Austin, TX, 78751

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,084 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$336.72 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Free-Standing Electric Oven, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,707 sqft

Building Information

Year Built1981
Stories1

Land Information

APN02230802050022
Lot Number104
SubdivisionLeralynn Place Condominiums
Land UseTownhomes
Legal DescriptionUNT 304 BLD C LERALYNN PLACE CONDOMINIUMS PLUS 8.33% INT IN COMMON AREA
Census Tract000305
Assessed Land Value$111,251
Assessed Improvement Value$165,260
Assessment Year2025

About this property

Welcome to 5107 Leralynn! This cozy yet spacious condo is centrally located in highly desirable North Loop. Enjoy all that Austin has to offer being walking distance to restaurants, coffee shops, and shopping, plus just a 15 minute drive to the Airport and the Domain. A quick bike ride will get you to UT and downtown with established bike routes to popular locations, and easy access to Shipe pool. As you enter into this private corner unit, you will be greeted with a spacious living area with high ceilings, a floor-to-ceiling tiled fireplace, and plenty of windows for natural light. Enjoy warm summer evenings on the extended back patio with tree-lined creek views. Wood flooring adds a warm and modern feel, with an open layout and large bedrooms. HOA fees cover exterior maintenance, general liability insurance, flood insurance for structure, water, sewer, trash, recycling. Updates include: Engineered hardwood floors installed in 2020, New Air Handling Unit on A/C in 2019 (10 year warranty). Siding replaced with Hardiplank in 2015, Roof replaced in 2019, New fence 2022. Ask about special financing for interest rate buy down!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$0Estimated Mortgage Balance
$307,653Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$772/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,191
$276,511
2025
$111,251
$165,260
$276,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,191
$276,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$118,000
No
First
Aug 19, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,347
$307,653
74%
26%
$708/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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5107 Leralynn ST 304 | Property Details | No Agent List