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$985,504

5203 Star Light TER 1, Austin, TX, 78721

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,872 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$382.66 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Refrigerator, Wine Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size11,739 sqft

Building Information

Year Built2024
Stories2
Garage Spaces1

Land Information

APN02082109350000
Lot Number5
SubdivisionStar Light Terrace
Land UseResidential
Legal DescriptionLOT 5 STAR LIGHT TERRACE
Census Tract002110
Assessed Land Value$271,779
Assessed Improvement Value$713,725
Assessment Year2025

About this property

Nestled in a quiet cul-de-sac this spacious 4-bedroom, 3.5-bathroom home offers 2,872 square feet of beautifully designed living space, blending modern luxury w/thoughtful functionality. Ideal for multi-generational living or hosting guests, the home features two full primary suites, each w/ generous walk-in closets & spa-inspired bathrooms outfitted w/dual vanities, a soaking tub, & a luxurious steam shower—creating a private retreat exuding comfort & elegance. The heart of the home is an open kitchen, designed for both daily living & unforgettable entertaining. A dramatic waterfall island, open shelving, + stunning custom cabinetry are complemented by a dry bar, wine fridge, & sleek designer finishes. Throughout the home, carefully curated designer light fixtures & statement wallpaper add sophistication & style, enhancing the home's unique character and high-end appeal. Rich tile & wood flooring anchor the space, while cathedral ceilings, recessed lighting, + smart features—including a smart thermostat & ceiling fans—offer a balance of beauty and efficiency. Step outside into your own private oasis. A custom in-ground pool invites relaxation, while the spacious pool house provides a flexible extension of the home—ideal for entertaining, guests, or a private retreat. A balcony overlooking the backyard offers yet another serene space to unwind. Perfectly located just minutes from downtown Austin, you’ll enjoy walkable access to local favorites like Civil Goat Coffee, Fiesta Market, & the legendary Micklethwait Craft Meats—Everyday essentials like H-E-B, multiple CapMetro bus stops, & quick access to MLK Blvd and Airport Blvd make commuting effortless. Meanwhile, Lady Bird Lake and Zilker Park are just minutes away, offering endless opportunities for outdoor play. With its luxurious feel, designer touches, & versatile indoor-outdoor living, this is truly an entertainer’s dream—a rare East Austin gem that delivers style, comfort, & location in one stunning package.

Investor Tools

Property Icon
$985,504
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,594 /month
Positive
Cash Flow Estimate:
$2,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,764
$985,504
2025
$271,779
$713,725
$985,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,764
$985,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Stand Alone Second / Subordinate Position
$740,000
No
First
Jan 10, 2025
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,579,770
N/A
0%
160%
$9,622/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$9,622/mo
$-7,206/mo
2.9%

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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5203 Star Light TER 1 | Property Details | No Agent List