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$296,302

NAL Estimated Property Value

803 W 28th ST 207, Austin, TX, 78705

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths699 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$290.41 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size897 sqft

Building Information

Year Built1962
Stories1
Roof Type183

Land Information

APN0215020111 14
Lot Number207
SubdivisionSan Pedro Oaks Condominiums
Land UseCondominiums
Legal DescriptionUNT 207 BLD A SAN PEDRO OAKS CONDOMINIUMS PLUS 7.14285% INT IN COMMON AREA
Census Tract000605
Assessed Land Value$134,400
Assessed Improvement Value$161,902
Assessment Year2024

About this property

Updated corner unit condo very close to campus! Great investment or condo for child planning to attend UT. Excellent roommate floorplan... feels a lot more spacious than you would think. Current tenants are students and lease ends August 10, 2016. New laminate wood floors through out whole condo and new A/C unit. Owner also switched the breaker box for a new one. Easy to lease- leased within six hours, sight unseen. Fridge is included in the sale. More photos coming soon of updated floors, etc.

Investor Tools

Property Icon
$296,302
Estimated Property Value
$161,447Estimated Mortgage Balance
$134,855Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,778 /month
Positive
Cash Flow Estimate:
$593 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$296,302
2024
$134,400
$161,902
$296,302
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$296,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
New Conventional
$174,000
No
First
Jun 3, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,447
$134,855
45%
54%
$1,044/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,990/mo
$10,440/mo
$-8,450/mo
8.1%

Learn About the Market: Opportunity in Austin

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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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803 W 28th ST 207 | Property Details | No Agent List