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$985,504

5203 Star Light TER 2, Austin, TX, 78721

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,098 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$500.91 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Refrigerator, Warming Drawer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, 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

Refined Comfort in the Heart of East Austin Tucked away on a quiet cul-de-sac in the heart of East Austin (78721), this stylish 2-bedroom, 2-bath residence offers 1,098 square feet of thoughtfully designed living space. From the rich wood and tile flooring to the sleek recessed lighting and double vanity, every detail has been carefully considered. Enjoy year-round comfort with ceiling fans and a smart thermostat and entertain effortlessly with a built-in dry bar and seamless indoor-outdoor flow. The kitchen is a chef’s dream, featuring brand new stainless appliances—including a gas cooktop and oven, modern French door refrigerator with bottom freezer drawers, microwave, and dishwasher. Convenience is key: located just minutes from downtown, with easy access to MLK Blvd, Airport Blvd, and multiple CapMetro stops, you're perfectly positioned to explore everything Austin has to offer. Stroll to local favorites like Civil Goat Coffee, Fiesta Market, and Micklethwait Craft Meats, or spend the weekend at Lady Bird Lake and Zilker Park. Whether you're hosting guests or enjoying a quiet evening at home, this East Austin gem checks every box for modern city living—offering the perfect balance of comfort, functionality, and location.

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
$5,913 /month
Positive
Cash Flow Estimate:
$1,971 /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 2 | Property Details | No Agent List