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Days26Days on Market
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$240,000

605 E 55 th ST 1, Austin, TX, 78751

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths572 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$419.58 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Range, Refrigerator, Washer/Dryer
FlooringLaminate, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance
Lot Size7,802 sqft

Land Information

APN02251014140000
Lot Number17
SubdivisionHighlands The
Land UseResidential
Legal DescriptionN TRI OF LOT 17 BLK 29 HIGHLANDS THE
Census Tract001503
Assessed Land Value$33,750
Assessment Year2024

About this property

**Discover modern Austin living in this beautifully designed 2-bed, 1.5-bath, two-story condo tucked away in the vibrant and highly walkable North Loop neighborhood. This under-construction home—set to be completed in 2026—offers a rare opportunity for early buyers to customize select finishes and make the space truly their own. Thoughtful design meets contemporary style, creating a perfect blend of comfort, convenience, and appeal.** Step inside to an open, light-filled layout featuring quartz countertops, sleek modern cabinetry, and an **included appliance package**—making your kitchen both functional and move-in ready. The spacious living area is ideal for entertaining or relaxing after a day exploring the city. Upstairs, you’ll find two well-appointed bedrooms providing the perfect setup for roommates, guests, or a peaceful home office. With **wonderful finishes throughout**, this condo offers a sophisticated, modern living experience. Located at **605 E 55th St, Austin, TX 78751**, you’ll enjoy the best of Austin at your doorstep. Just minutes from local restaurants, coffee shops, nightlife, and major Austin attractions, this home offers the ultimate mix of urban convenience and neighborhood charm. **Affordability Notice:** This home is part of the **City of Austin Affordable Housing Program**. To qualify, buyers must meet program eligibility requirements and have a **household income at or below 80% of the Median Family Income (MFI)**. Don’t miss this chance to own a modern, customizable, centrally located Austin home—complete with an appliance package—at an incredible value!

Investor Tools

Property Icon
$127,000
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
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Juana Palacios

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$53/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$33,750
2024
$33,750
N/A
$33,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$33,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Building Or Construction Loan
$631,120
No
First
Mar 24, 2025
Apr 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$618,110
N/A
0%
487%
$3,784/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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605 E 55 th ST 1 | Property Details | No Agent List