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$503,000

NAL Estimated Property Value

707 Cardinal LN E2, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,191 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$377.82 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2.5Bathrooms Full 2.5
HeatingHeating
CoolingCooling
AppliancesGas Range, Microwave, Refrigerator, Washer/Dryer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,302 sqft

Building Information

Year Built2008
Stories1
Roof Type183

Land Information

APN04050511140000
Lot Number2
SubdivisionCardinal Lane Condominiums Amended
Land UseResidential
Legal DescriptionUNT 2 BLD E PHS 1 CARDINAL LANE CONDOMINIUMS AMENDED PLUS 2.533 % INT IN COM AREA
Census Tract001307
Assessed Land Value$99,006
Assessed Improvement Value$306,084
Assessment Year2025

About this property

Ground-Floor Condo with Private Patio in the Heart of 78704. Welcome to 707 Cardinal Lane #E2, a stylishly updated 2-bedroom, 2-bath condo tucked away in one of Austin’s most desirable zip codes—78704. Located on the first floor of a peaceful, pet-friendly community, this home offers both convenience and calm, all just minutes from the best of South Austin. Set under a canopy of majestic Live Oaks, the community spans 3 acres of lush greenery, offering a true escape in the city. Inside, the unit features soaring ceilings, new wide-plank white oak flooring, and fresh designer paint throughout. The modern kitchen is outfitted with high-end Bosch gas appliances, making it a dream for home chefs. Enjoy indoor-outdoor living with your own expansive, fenced private patio, ideally positioned in a quiet corner of the community—perfect for entertaining, pets, or relaxing in peace. Additional highlights include: - Open layout with abundant natural light - Stylish with clean, modern finishes - Two dedicated parking spaces - Washer, dryer, and refrigerator included - Community park and green space - Located just minutes from South Congress, Zilker Park, Lady Bird Lake, hike and bike trails, and downtown Austin. Whether you’re a young professional, downsizer, or investor, this serene and sophisticated home offers a rare blend of privacy, location, and modern upgrades in the heart of vibrant south Austin.

Investor Tools

Property Icon
$503,000
Estimated Property Value
$36,923Estimated Mortgage Balance
$466,077Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$968/month
$374/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,095
$405,090
2025
$99,006
$306,084
$405,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,095
$405,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$244,000
No
First
Oct 12, 2012
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,923
$466,077
92%
7%
$0/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.

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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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707 Cardinal LN E2 | Property Details | No Agent List