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$398,777

706 Short Kemp St # 2, Austin, TX, 78741

SoldInfo
7/24/26
Beds2 Beds
Baths2 Bath
Baths974 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.26 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Microwave, Stainless Steel Appliances
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size2,993 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces1

Land Information

APN03051613030000
Lot Number2
Subdivision706 Short Kemp Street Condominiums
Land UseResidential
Legal DescriptionUNT 2 706 SHORT KEMP STREET CONDOMINIUMS PLUS 50.0 % INT IN COM AREA
Census Tract002327
Assessed Land Value$63,750
Assessed Improvement Value$335,027
Assessment Year2025

About this property

This beautifully updated two-story home offers 2 bedrooms and 1.5 baths with an open-concept kitchen flowing into the living space, perfect for everyday living and entertaining. Enjoy energy efficiency with owned solar panels and comfort throughout with power blinds in the upstairs hallway and primary bedroom, plus custom window treatments downstairs. The backyard features a covered patio and completely new landscaping with raised beds and pavers, creating a peaceful outdoor retreat. Additional highlights include a security system and a quiet location on a dead-end street for added privacy, all just minutes from Roy G. Guerrero Colorado River Metro Park and Austin’s best trails and green spaces.

Investor Tools

Property Icon
$398,777
Estimated Property Value
$277,100Estimated Mortgage Balance
$158,732Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,393 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$690/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,288
$398,777
2025
$63,750
$335,027
$398,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,288
$398,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$277,100
No
First
Oct 11, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,603
$157,174
39%
61%
$1,662/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,662/mo
+$426/mo
6.3%

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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