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$395,556

NAL Estimated Property Value

516 E Slaughter LN 2101, Austin, TX, 78744

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,064 Sq Ft
price_per_sqft$193.8 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesUncovered Courtyard, Dog Run
Lot Size6,247 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04310811050000
Lot Number2101
SubdivisionRidge At Slaughter Condominiums Amended
Land UseResidential
Legal DescriptionUNT 2101 BLD 21 RIDGE AT SLAUGHTER CONDOMINIUMS AMENDED PLUS .8 % INT IN COM AREA
Census Tract002451
Assessed Land Value$24,992
Assessed Improvement Value$370,564
Assessment Year2025

About this property

Beautiful and practically new! Gorgeous luxury vinyl plank flooring and a 2-story ceiling greet you as you enter the living area and open kitchen. Master bedroom is on the main floor with an en suite bathroom and oversized walk-in shower. There is also a powder room for your guests. Upstairs, you'll find 2 more bedrooms, 2 full bathrooms, a huge second living/entertainment room as well as a loft ideal for a study and/or computer space. Neighborhood perks include dog park, common/picnic area, gated entry, and front and back landscaping maintenance. This South Austin condo is in an excellent location close to I-35, Southpark Meadows, HEB Plus, and all of the restaurants and conveniences you could need. Onion Creek greenbelt and park are within a 10-minute drive! What more could you ask for?!

Investor Tools

Property Icon
$395,556
Estimated Property Value
$387,386Estimated Mortgage Balance
$8,170Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
$216/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,396
$395,556
2025
$24,992
$370,564
$395,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,396
$395,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$425,830
No
First
Jul 1, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,386
$8,170
2%
98%
$2,554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,770/mo
$-682/mo
6.3%

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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